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Politics : Politics of Energy
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To: TimF who wrote (3334)12/3/2008 8:38:51 PM
From: RetiredNow  Read Replies (2) of 86354
 
Wrong. We provide $13B of direct tax subsidies for oil every year. In addition, we provide favorable tax depreciation for oil companies. In addition, we spend tens of billions more per year in securing our oil supplies and fighting wars to secure future oil supplies. All of that helps to keep prices artificially low.

Alternatives get far far less than that. As far as methanol subsidies, that is nothing more than a farm subsidy. No one in their right mind would call that a viable alternative energy source.
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