And just how does the US government subsidize the oil industry. They get the same TAX DEDUCTIONS any businesses do but the do not get all of the TAX DEDUCTIONS so call green industries get.<quoted text>
The price of gas is so low due to socialistic government subsidies, just like the price of food.
The market purists never seem to howl about those socialist programs.
And, do you have any idea what the tax is on each gallon of gasoline?
Like for Ohio there is a 28 cents per gallon state tax on top of the federal tax of 18.4 cents for a total of..... 36.4 cents per gallon. The average PROFIT per gallon to gas stations is about 3 cents and to the petroleum company another 3 cents!!!
If any anyone is greedy, it is the state and federal government!!!