NigelM
Recovering Member
On the other hand, what do we (as taxpayers) get for the subsidization if the oil industry?
Plenty of jobs!....Unfortunately its usually jobs cleaning up the spills....
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On the other hand, what do we (as taxpayers) get for the subsidization if the oil industry?
By contrast, $5 billion a year is drop in bucket compared to the revenues of just a few oil majors. To say nothing of the whole oil and gas industry. As a percentage of sales, it's a small subsidy. I don't favor it mind you. But folks need to keep it in perspective.
I saw a TED Talk a bit back that basically said nothing, not any other issue, matters until money is removed from politics. I tend to agree. Everything else is simply noise that detracts from the only real issue.
Fox's point is that government (taxpayer) money should not be used to subsidise private industry. Tesla just got caught in the fray and put in the same catagory as Fisker, and Solyndra.
Wait. Aren't the oil companies private industry too? The gov't has been subsidizing the oil industry for years. Billions of dollars....
...] Now we have politically opinionated "news" 24/7. Based on our affiliation, we all know which station to tune to, in order to scratch our itch for the kind of opinion that we want to hear.
A good read. Thanks. What i did not see was other benefits Oil companies get in regards to land. Free, dirt cheap leases, and use on national park property that no other industry gets (except logging). Also cleanup. After land and water spills and groundwater contamination and there are billions of barrels lost to the environment every year, they usually do little to cleanup that the Government or private sector does. Another "subsidy".
Fox's point is that government (taxpayer) money should not be used to subsidise private industry. Tesla just got caught in the fray and put in the same catagory as Fisker, and Solyndra.
[Democracy Now!] Never mention Tesla.
Corporations are people, my friend.
Close but not quite. Corporations are immortal sociopaths.
And people wonder why we need government regulations???
Wait. Aren't the oil companies private industry too? The gov't has been subsidizing the oil industry for years. Billions of dollars. It's for our benefit - right??