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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (46537)10/15/2010 10:04:14 PM
From: TimF  Read Replies (1) | Respond to of 71588
 
Its a rather small cost compared to the cost of oil, or per barrel or per energy produced by the oil. Its a rather small subsidy as a percentage of the cost, if its considered a subsidy at all (which it should be).

Thats even if you accept your "multiple billions" claim (which is questionable as a per year cost, and remains "a rather small cost" if your talking over many years, in the context of the amount spent on the actual oil, or the amount it would take to replace it with alternatives. In fact "small" would not be going far enough, in that context its tiny. (And the actual subsidies, rather than your fanciful additions to them go beyond tiny to "pretty insignificant", if you don't subtract the special taxes on oil products, and "significantly negative" if you consider how the government imposes more costs on oil and its refined products than it subsidizes them.