tag:blogger.com,1999:blog-2761684730989137546.post1814840953499430108..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Vast Subsidies Keeping the Fossil Fuel Industry Afloat Should be Put to Better Use, By Alex Lenfernamike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2761684730989137546.post-11149671927378495242020-02-23T12:36:55.001-05:002020-02-23T12:36:55.001-05:00 US may be a net exporter of oil but nowhere near ... US may be a net exporter of oil but nowhere near the ONLY supplier of oil. S400https://www.blogger.com/profile/01282349400341912187noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-86329031465366295752020-02-22T09:27:47.701-05:002020-02-22T09:27:47.701-05:00" that’s the cost of Western military involve..." that’s the cost of Western military involvement in the Middle East, all designed to ensure the West continues to get its supply of oil."<br /><br />Ralph US is now net exporter of oil... US is the largest national producer of oil...Matt Frankohttps://www.blogger.com/profile/11082502216984169113noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-30147389164083534492020-02-21T11:57:05.342-05:002020-02-21T11:57:05.342-05:00All a bit misleading in that the so called subsidi...All a bit misleading in that the so called subsidies for fossil fuel industries are not subsidies in the normal sense: i.e. actual payments by government to relevant industries. The so called subsidies consist of ABSTAINING from charging those industries for externalities, like pollution.<br /> <br />While I agree that fossil fuel industries should be charged for pollution, there is actually a monster payment that government does make for the benefit of the oil industry, and that’s the cost of Western military involvement in the Middle East, all designed to ensure the West continues to get its supply of oil.<br /> <br />If it was not for oil, the West would presumably let Middle East countries fight each other to the death (while still protecting Isreal presumably). <br />Ralph Musgravehttps://www.blogger.com/profile/09443857766263185665noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-9788323956176083532020-02-21T08:23:46.553-05:002020-02-21T08:23:46.553-05:00This comment has been removed by the author.Ryan Harrishttps://www.blogger.com/profile/04815033054435303399noreply@blogger.com