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IPFS News Link • Energy

The Secret World of Oil

08-15-2014 • arclein

On the one hand, consumers have a lot of responsibility because we?re driving demand for oil ? for example, we want gasoline to fuel our SUVs. And as a former Chevron executive told me, ?As long as we want cheap gas, democracy can?t exist,? meaning that we import oil from many corrupt, authoritarian regimes and so we?re propping up those regimes with our money. But elected officials set policies and so the questions need to be addressed to government. As to what the questions should be, there are far too many, but here are a few: Why does the government continue to so lavishly subsidize the oil and gas industries? Should the government more aggressively discourage oil consumption with higher taxes and stricter fuel standards? Why is

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Reported By robert klein

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