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Oil Subsidies in US

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  • Richard Risemberg
    According to the NYT, an examination of the American tax code indicates that oil production is among the most heavily subsidized businesses, with tax breaks
    Message 1 of 1 , Jul 3, 2010
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      According to the NYT, "an examination of the American tax code
      indicates that oil production is among the most heavily subsidized
      businesses, with tax breaks available at virtually every stage of the
      exploration and extraction process."

      http://tinyurl.com/32dfx6l

      Of course, a side effect of artificially-suppressed oil prices is teh
      encouragement of unnecessary driving, and its attendant distortions
      of urban design....

      R

      --
      Richard Risemberg
      http://www.bicyclefixation.com
      http://www.newcolonist.com
      http://www.rickrise.com
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