PearlWatson
Well-Known Member
Paying subsidies to oil companies is a PR move by politicians. They are ostensibly to offset costs so they can keep the price of gas low. Whether the offset in costs is the reason or that they are using oil to hold america hostage is debatable. In turn we get cheaper gas at the pump, the politicians look like heroes to the average Joe for helping him get lower gas prices and the oil companies and politicians all line their pockets.
And don't kid yourself, the oil lobby is absolutely NOT exclusive to the republican party. They spread the wealth around.
Paying subsidies? If there are any "subsidies" they are in the form of tax breaks.
"The federal government by no stretch of the imagination subsidizes the oil industry. The oil industry subsidizes the federal government at a rate of $95 million a day." ~ Jack Gerard, president of the American Petroleum Institute
I don't know of anyone who sees politicians as heroes or gives them credit for low gas prices.