Survey: Do We Need To End Hidden Oil Subsidies?

A recent study found that the United States subsidizes Big Oil with between $78 and $158 Billion dollars per year; Mike concludes "Many of us greens tend to lose perspective. Many will spend a lot of time and energy in getting small subsidies for their favorite green project, but the big target should really be ending these massive hidden oil subsidies to truly level the playing field....If it did, oil prices would definitely be higher, but people would also have more money in their pockets.[through tax savings]"

Tags: Alternative Energy | Oil


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