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Corn market to take a hit if Cruz is elected?
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vailcat
Posted 12/3/2015 13:24 (#4936246 - in reply to #4936227)
Subject: RE: So Exxon Mobil can import ISIL produced Crude.. tax free.


NCND
Mexicans have been stealing distillate trucks in texas for quite a while too but we don't hear about it.

What does isis produce per day? They world uses what 91 million barrels a day so if isis has a million or two of it chances are it could be anyone who uses it? You kill isis you stop that flow of money.

No matter the candidate on left or right rfs subsidies are going to be attacked. The left and the enviros hate it and the right say subsidies are not right. Either way its a political football no one will win really.

The industry is mature i think it would do fine on its own and then we wouldn't have the left throwing darts at us over tearing up ground and wetlands ect or in the case of the south depleting aquifers.

Exxom makes about 8% margin. Apple makes about 28% using chinese slave labor essentially then hoards cash offshore to avoid taxes. I don't see the difference. Compare the amount of tax exxon pays compares to apple once.

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