On capitol hill they are debating on whether or not they should take away 4billion in tax payers dollars from the oil companies. I say go ahead and do it as long as they take the subsidies away from ethanol, solar and wind energy. Those subsidies equal almost 14 billion between them.
Increase the standards and regulation for drilling but reduce the cost to purchase the rights to drill, that should offset the subsidies.
Allow the best energy solution to succeed or fail on its own with out government help.