The cost of your gasoline including subsidies, war, support of a 17,500 man embassy in Iraq and new discovery incentives is equal to: $13 to $14 per gallon to taxpayers.(read the Repbulican John Huntsman study on the true cost of oil).The total taxpayer subsidy cost of the wars alone are equal to:ALL of the cost ofALL of the gasoline purchased at retail prices forALL of the years 2001 + 2002 + 2003 + 2004 + 2005 + 2006 + 2007 + 2008 + 2009 + 2010 + 2011That is the most massive subsidy to any industry in the history of mankind.So much in fact the subsidies for all other energy research is virtually negligable.Those are the facts.But, it is ok by me.My China solar companies are going gangbusters using USA technology.
Ha, Ha.No War For Oil..in Libya.Horizontal drill and frack in the US will take care of all your concerns about War For Oil.The US will become energy independent in 10 years if the government allows this.Do we agree on this one?
Yes. We can agree on that.Good for my investments in domestic production.It is however useful to know the financial facts about how much that oil /gasoline costs to taxpayers.