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Gold/Mining/Energy : Big Dog's Boom Boom Room

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Bearcatbob

Bruce L

isopatch

To: Broken_Clock who wrote (191561)	7/14/2015 6:29:05 PM
From: The Reaper	3 Recommendations Read Replies (1) of 206084

The subsidies for the O&G industry according to the chart and paper I just read are from 1918 - 2009. You're comparing apples to oranges. On a per year basis O&G gets $4.9 B (how its broken down in regards to depletion, etc.) I don't know. Per year for solar gets $ .4 B Consumed BTU's for O&G for the latest year charted ~55 quadrillion BTU's Solar doesn't even show up on the graph. Let's call it 1 quadrillion BTU's 55 times the consumable energy from O&G for about 12 times the "subsidies". Doesn't even take into account other products from O&G that we use everyday including manufacturing solar panels. Yes I'd like to have been out of the ME the entire time also. i.bnet.com

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