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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Broken_Clock who wrote (191570)7/14/2015 7:52:15 PM
From: Bearcatbob4 Recommendations

Recommended By
CommanderCricket
isopatch
kidl
old tx oiler

  Read Replies (1) of 206084
 
When you focus on undefined subsidies - you need to also consider taxes paid by the oil and gas industry. Taxes that someday in Eric's world would have to levied on the solar or other alternate energy sources. For instance, the local Tesla's are driving on roads they are not paying for.


America’s oil and natural gas industry supplies $85 million a day to the U.S. Treasury in the form of income taxes, rents, royalties and other fees. That adds up to more than $30 billion a year. With pro-energy development policies it could produce $800 billion in additional cumulative revenue to the government by 2030, according to a study by Wood Mackenzie. Conversely, increasing taxes on America’s oil and natural gas companies could result in more than $220 billion in lost revenue to government. Needed is sound tax policy that encourages greater energy development and helps U.S. energy companies compete against global rivals.


http://www.api.org/policy-and-issues/policy-items/taxes/energy-and-taxes


Taxes on gasoline and diesel for transportation by U.S. state in U.S. cents per gallon as of April 2015 [3]StateGasoline tax
(includes federal tax of 18.4¢/gal)Diesel tax
(includes federal tax of 24.4¢/gal)
US (Volume-Weighted) Average48.954.1
Alabama39.346.3
Alaska29.736.2
Arizona37.451.4
Arkansas40.247.2
California66.061.9
Colorado40.444.9
Connecticut59.378.9
Delaware41.446.4
District of Columbia41.947.9
Florida54.858.1
Georgia44.954.5
Hawaii62.165.7
Idaho43.449.4
Illinois52.561.1
Indiana51.367.2
Iowa50.457.9
Kansas42.450.4
Kentucky44.447.4
Louisiana38.444.4
Maine48.455.6
Maryland48.755.5
Massachusetts44.950.9
Michigan51.555.6
Minnesota47.053.0
Mississippi37.242.8
Missouri35.741.7
Montana46.252.9
Nebraska44.950.3
Nevada51.653.0
New Hampshire42.248.2
New Jersey32.941.9
New Mexico37.347.3
New York62.969.9
North Carolina54.760.7
North Dakota41.447.4
Ohio46.452.4
Oklahoma35.438.4
Oregon49.554.7
Pennsylvania70.089.7
Rhode Island51.457.4
South Carolina35.241.2
South Dakota48.454.4
Tennessee39.842.8
Texas38.444.4
Utah42.948.9
Vermont48.956.4
Virginia40.850.5
Washington55.961.9
West Virginia53.059.0
Wisconsin51.357.3
Wyoming42.448.4
en.wikipedia.org

Selective use of data is an art. Focusing on "subsidies" is incomplete. I know though - many do not get past the simple first words and think through an issue.

Bob
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