Why is it that a big part of Military Spendings are not considered as Oil Subsidies.
I think The US Army wouldn't care at all whats going on in the Middle East and other Oil rich places in the world if the US wouldn't rely on that Oil.
According to wikipedia the Military Budget in 2011 was 668 Billion.
Lets just Assume that only 20% (Im lowballing here) of the spendings are related to stable energy supply and control in these areas.
That still would be around 120 Billion
Not to mention the trade deficit the US has with buying all that oil from Overseas.
So from Macroeconomic point of view each Gallon of Petrol is actually more expensive than it appears to be.
I think The US Army wouldn't care at all whats going on in the Middle East and other Oil rich places in the world if the US wouldn't rely on that Oil.
According to wikipedia the Military Budget in 2011 was 668 Billion.
Lets just Assume that only 20% (Im lowballing here) of the spendings are related to stable energy supply and control in these areas.
That still would be around 120 Billion
Not to mention the trade deficit the US has with buying all that oil from Overseas.
So from Macroeconomic point of view each Gallon of Petrol is actually more expensive than it appears to be.