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by craftyguy 2836 days ago
> So if USA is producing so much oil why is it not able to pay for things like Healthcare?

We have 'better' things to spend money on, like 'defense' (/s).

> Presumably oil coming out of the ground is free.

It's not free, it costs money to discover, extract, transport, process into anything usable, transport again, etc.

> Where is that money going?

Probably the companie(s) that discover, extract, transport, process, transport, etc. And their shareholders. And politician friends.

1 comments

The US spends plenty on health care, we just don't get good value. Medicaid and Medicare alone are 1.5x defense spending.