Better agree to take away all the oil subsidies and all of this oil drilling that goes on on federal land then. You're fooling yourself if you think big oil isn't also getting massive, massive handouts from the government. They're a very powerful lobby in DC.
They are competing with the corn-ethanol subsidies who can milk the taxpayers for the most money, although the oil industry pays back far more than whatever subsidies they get. The ethanol industry is just pure government pork, with a gallon of ethanol requiring more than a gallon of petroleum, in terms of energy, to produce.
Better agree to take away all the oil subsidies and all of this oil drilling that goes on on federal land then. You're fooling yourself if you think big oil isn't also getting massive, massive handouts from the government. They're a very powerful lobby in DC.
They pay royalties etc on the fed land.
They are competing with the corn-ethanol subsidies who can milk the taxpayers for the most money, although the oil industry pays back far more than whatever subsidies they get. The ethanol industry is just pure government pork, with a gallon of ethanol requiring more than a gallon of petroleum, in terms of energy, to produce.