Do I realize that? I know we pay a fuck ton of tax subsidies to oil extractors, but the only people keeping happy are the small "mom and pop" oil producers that eat up all that subsidy.
Prices are still set on the international market, that subsidy does not affect prices.
Or, do you have some other subsidy that brings down the prices that consumers in the US pay? If so, name it!
If President Trump–who is so deep in oil & gas special interests that he has decided that US Taxpayers need to pay nearly $1B to cancel a wind power project–is going to start doing export controls to keep oil prices down, well then he runs into the problem that we export and import a ton to get the right type of crude in our refineries. If he is going to start subsidizing oil consumption, well, my god we are in for a wild ride on the economy and deserve all the misery that it will bring.
