To be (somewhat) fair, crude oil get's turned into more than just gas/diesel. Bunker fuel, tar, plastics, etc. Only about 65% or so becomes gas/diesel.
My PGP public key: https://vanderwal.us/evdl_pgp.key July 17, 2021 9:14 AM, "Lawrence Rhodes via EV" <ev@lists.evdl.org> wrote: > I divided the total subsides by the gallons of diesel and gas used in the > United States and got > $3.76. That would put gas at 8 dollars a gallon. Lawrence Rhodes > > On Saturday, July 17, 2021, 4:15:37 AM PDT, paul dove <dov...@bellsouth.net> > wrote: > > FACT: Variations in gas prices are driven by the world market, and are not > dependent on U.S. > government policies. This includes the existing subsidies for the oil and gas > industry according to > multiple studies that have found that repealing oil and gas subsidies would > have only a marginal > impact on gas prices. Assistant Secretary of the Treasury Alan Krueger > estimated in 2009 that > “eliminating [oil and gas subsidies] would have an insignificant effect on > world oil prices.”1 > Analysis by the think tank Resources for the Future arrived at a similar > conclusion, finding that > eliminating oil and gas tax preferences would increase the world oil price by > just 10 cents per > barrel in 2030.2 This minimal increase in cost would translate to an extra > expenditure of $2.17 per > year on petroleum products for the average U.S. consumer.3 At the same time, > the U.S. government – > by eliminating unnecessary subsidies for oil and gas - would be saving on the > order of $10 billion > per year4 that could be invested in other national priorities like defense, > transportation, or > alternative energy > Oil & Gas Subsidies: Myth vs. Fact > > https://usa.oceana.org/oil-gas-subsidies-myth-vs-fact > > Sent from AT&T Yahoo Mail for iPhone > > On Friday, July 16, 2021, 10:27 PM, Lawrence Rhodes via EV > <ev@lists.evdl.org> wrote: > >> Without subsidies gasoline would cost $12.75 a gallon. Biden is threatening >> to end them. It's time >> to question ownership of fossil fuel vehicles. Could be a gotcha coming for >> those unaware. >> Lawrence Rhodes >> >> https://www.greenpeace.org/usa/ending-the-climate-crisis/everything-you-need-to-know-about-fossil-fu >> l-subsidies >> >> _______________________________________________ >> Address messages to ev@lists.evdl.org >> No other addresses in TO and CC fields >> UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub >> ARCHIVE: http://www.evdl.org/archive >> LIST INFO: http://lists.evdl.org/listinfo.cgi/ev-evdl.org >>> > > _______________________________________________ > Address messages to ev@lists.evdl.org > No other addresses in TO and CC fields > UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub > ARCHIVE: http://www.evdl.org/archive > LIST INFO: http://lists.evdl.org/listinfo.cgi/ev-evdl.org _______________________________________________ Address messages to ev@lists.evdl.org No other addresses in TO and CC fields UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub ARCHIVE: http://www.evdl.org/archive/ LIST INFO: http://lists.evdl.org/listinfo.cgi/ev-evdl.org
