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by meragrin_ 1734 days ago
> From my understanding: gas in USA is heavily subsidized.

From my understanding, gas in the USA is not heavily subsidized. If it is, then everything is. It does not receive any special treatment.

1 comments

I think your understanding might be a bit wrong:

https://www.google.com/search?q=us+gasoline+subsidies

Still not seeing any subsidies. Subtracting costs from revenue is not a subsidy.
Read the first article:

https://www.brookings.edu/research/reforming-global-fossil-f...

"The Environmental and Energy Study Institute reported that direct subsidies to the fossil fuel industry totaled $20 billion per year, with 80% going toward oil and gas. In addition, from 2019 to 2023, tax subsidies are expected to reduce federal revenue by around $11.5 billion. Considering that production subsidies grew 28% between 2017 and 2019, the United States will be under a lot of scrutiny from other countries wanting to see evidence of reform before making their own commitments."

Perhaps you can point the exact text for the subsidies explicitly for US gasoline which are not related to how the companies subtract their costs to determine their income. There might be something for the other fossil fuels, but I see nothing as far as oil/gasoline.