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Posted by z on April 8, 2011, 2:45 am
 


That's exactly what is going on with oil.  The USA hides the true cost of
oil through corporate welfare and all number of polices designed to keep
gas and oil cheap for US consumers.

If we paid the true price of oil at the pump things would change right
quick.

Posted by Bill Ward on April 8, 2011, 3:09 am
 
On Thu, 07 Apr 2011 21:45:21 -0500, z wrote:


Exactly what is the "true price of oil", and how is it determined?  Who
makes it up?

Posted by z on April 8, 2011, 3:41 am
 


I don't know the true cost.  But you have all the tax breaks to the likes
of Exxon Mobile (paid zero federal income tax in 2009 despite billions of
profit), BP etc as a cost.  Then you have stuff like massive oil spills
(people are still paying for the Valdez spill that has been in litigation
for what.. 20 years?
see
http://www.portfolio.com/business-news/portfolio/2009/03/23/Exxon-Valdez-
Lawsuit-History

I guess some checks finally went out but give  me a break.  20+ years
late.
)

Then factor in our continued involvement in the Middle East -- various
military actions, sending billions to oil friendly governments, proping
up dicators who then eventually turn on us and so on.  It all costs a
HELL OF A LOT to keep the gas prices under $.


I'm sure you can come up with more examples of tax payer dollars going to
support cheap (ish), stable supply of oil for the USA.  If every dime of
that effort was paid in the form of a tax at the pump people would shit
bricks.

As it is we're just borrowing that money from the Chinese so it's no
biggie I guess

-z



Posted by Bill Ward on April 8, 2011, 7:50 am
 On Thu, 07 Apr 2011 22:41:45 -0500, z wrote:


Then why did you make your claim?  Are you subtracting all the royalties
and taxes already paid on oil both by oil companies and drivers from your
"subsidies"?  If you have no actual numbers, you have no claim.


Valdez-


Posted by Dawlish on April 8, 2011, 8:12 am
 
On a personal level, what do you try to do to preserve resources
bilbo? Or do you feel that we don't need to preserve any resouces and
we'll be fine, really? You are quick to criticise and we know that
your major denier-driver is looking after the contents of your own
wallet, but surely, this is win-win.

If you reduce your own dependency on the earth's resources, surely you
will save money in the long-run, as well as helping everyone else, in
your own, small, way.

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