Paul: I keep hearing about all the subsidies that the oil industry got to start out??? NAME THEM!!!Tell me when they got them too. I would love to read about them. I am not saying they did not get them I just want to know when and where.
I know the wind power and ethanol industry gets them and I can study that. Everyone says the oil industry get subsides too. So name them. Is taking a expense off your income a tax break??? That makes the assumption that the income is the government's to start with. I really have an issue with that.
When the oil industry started the Government did not give out money like it does today. It just did not happen. One of the main reasons was that the Government at the time, late 1800s , did not have the money. No income tax only tariffs for tax income to the government. Still should be that way lots of problems would be solved.
Then the renewable supporters throw up the cost of the Mideast wars and such as a cost for oil. I don't buy that either. We have oil here. We have enough oil here for our use. The mid-east oil is just easier to refine.
The current saber rattling in the White house has zero to do with oil but it will get blamed for it some how.
You can take the entire corn crop and turn it into ethanol and still not met the energy needs of the country. So we are spending billions on something that does not solve much of the problem.
I also had a lot cheaper gas/fuel before the ethanol/renewable industry was around. I lay the blame for much of the higher fuel/energy cost squarely at the feet of that renewable industry. The renewable fuel industry can not compete in a fair market so the supporters have to drive up all the other fuel cost to make their industry work.
Is China doing this??? I think not. We will be in second place in a whole bunch of stuff real soon. The waste of effort and money on the renewable fuel is part of the cause of this.
You want to do just about any business in the USA you have to deal with this crap. Go to China and just build the product/plant you need.
Here is one last thing to check out. There are hundreds of everyday things we use in our lives that are made out of petroleum. There are a few products made out of ethanol. We need petroleum much more than we need ethanol.
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