They are regulated similarly to any other industry. They're in an industry that has quite a few more capabilities to screw up the environment than most other industries, and they have been operating under these policies for years, and subsidies aren't there to prop them up, they're there to keep them afloat, and I think that considering they're making record profits, we don't need to give them our tax dollars, since they're already sucking our pockets dry of the money that the government isn't taking.
When you enter any idustry or choose to continue to operate in any industry, you have to accept the realities of that particular industry, and in energy markets there are significant regulations, and you make an economic decision whether this makes the market bad enough that you don't want to be in it. The oil companies entered and remained in the oil industry knowing full well about the regulation. So no, I'm not saying repealing the regulations. I have absolutely no problem with them turning record profits, what I do have problems with is the fact that our government is giving them extra money on top of that. And I simply can't understand why in the hell you wouldn't have a problem with that! Have you and a few of your buddies ever split 8 billion dollars from the government? You know what that means? The government cares more about them than us, and for some reason you seem to like that.
And I'm not sure what your issue with the profit numbers is. Profit is not the same as revenue, just making sure you know. Profit and net income are the same thing, not profit and revenue, which seems to be the assumption that you're working under.