Here is a link to an answer:
Oil Company “Subsidies” Clarified « Hot Air
When industries, not just oil, can make billions in profits and pay NO taxes, or extremely low taxes, how is that not subsidizing an industry?
We have no idea what the true costs of our energy supplies are...just my opinion, tho, not that of a blog...
Oracle of Utah
Truth rings hollow in empty heads.
Oil Companies Reap Billions in U.S. Subsidies and Tax Breaks - DailyFinance
Oil Companies Reap Billions From Subsidies - NYTimes.com
So it's about 4 billion a year for the oil industry. Which is a good return on their $340 million spent on lobbyists since 2008. Wish I could get that sort of return on investments.
You know the time is right to take control, we gotta take offense against the status quo
Originally Posted by A. de Tocqueville
Now, if there are none, let's just do away with all tax deductions for businesses and end taxing companies. That would solve any issue with regards to any subsidy... or deduction.
With 3 seconds of thought, this is shortsighted, at best.
To the best of my knowledge, the power source is available and the disposal of waste is solvable.
Power in our nation is a must, nuclear plants are extreme expensive, subsidies may well be necessary.