10-02-2010, 01:34 AM
I don't know what these billions of subsidies are. That report doesn't help. Give me specifics. I understand ethanol subsidies, milk subsidies , farm price support etc. The oil subsidies you are talking about are 5 steps removed from the source. By that logic potato chips are subsidized because people eat them, get a heart attack, check in emergency room and somewhere along the line the government picks up the tab. So a bag of potato chips should cost $10.
Oh, one more thing. When we used to pay $1 for gas, Europeans were paying $5, and did that for 30 years. Nothing came out of Europe. Nothing. All they did was to retrench and do with less. We had to wait for 30 years for Japanese to think of hybrids. What proves your theory wrong is that we got the hybrids with $2.50 a gallon gas.
Oh, one more thing. When we used to pay $1 for gas, Europeans were paying $5, and did that for 30 years. Nothing came out of Europe. Nothing. All they did was to retrench and do with less. We had to wait for 30 years for Japanese to think of hybrids. What proves your theory wrong is that we got the hybrids with $2.50 a gallon gas.