That's a good question. My understanding always has been that it is, especially in many indirect ways. For example, tax breaks and other government benefits for the oil and gas industry, as well as for the automotive industry. But I can't cite any off the top of my head.
One way it's indirectly subsidized, at extremely high cost, is the use of the U.S. military to protect industry assets, especially in the Mideast where we maintain a large, active military presence. As just part of the cost, the Iraq war cost the U.S. over $1 trillion. I very much doubt we would have been involved if there wasn't so much oil in and around Iraq. On the other hand, every import or export business relies on the peace, stability, and secure sea lanes provided by the U.S.'s foreign operations (military and diplomatic).
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That's a good question. My understanding always has been that it is, especially in many indirect ways. For example, tax breaks and other government benefits for the oil and gas industry, as well as for the automotive industry. But I can't cite any off the top of my head.
One way it's indirectly subsidized, at extremely high cost, is the use of the U.S. military to protect industry assets, especially in the Mideast where we maintain a large, active military presence. As just part of the cost, the Iraq war cost the U.S. over $1 trillion. I very much doubt we would have been involved if there wasn't so much oil in and around Iraq. On the other hand, every import or export business relies on the peace, stability, and secure sea lanes provided by the U.S.'s foreign operations (military and diplomatic).