Comment Re:The price of oil is still too cheap (Score 1) 578
You have to also realize we're also paying for oil/gas through federal taxes. I've seen figures stating that with all the oil subsidies the federal government pays, the "real" price of gas for US consumers is about $10 a gallon. I'm not sure if we're paying more oil subsidies now then in 1981 but it wouldn't surprise me.
We need to get rid of the subsidies and let alternative energy fairly compete.
We need to get rid of the subsidies and let alternative energy fairly compete.