If you figure all the wars we`ve been in because of oil, it`s well in the Trillions of subsidies. But oil based energy is differesnt in that we know it works, it has over a 100 year track record. When you look at just a 1 gallon/ $2 can of gas can propell you and you passengers for 30 miles at 60mph, that`s pretty remarkable when you think about.
Since oil is proven and a barrel can be pumped out of the ground for $50. The politicans know that this system requires everyone`s belly fully and their home heated, then they`re happy. Just like farm subsidies insuring cheap food, the oil subsidies were a good bang for the taxpayer`s buck. I doubt solar and wind will ever be that competitive unless oil goes way up.
