It amazes me how those with an agenda (on both sides) redefine or manufacture their own "facts". Yes, what "subsidies" do oil companies get, specifics please. I've heard oil companies writing off their capital expenditures (equipment, etc) claimed to be labeled as a "subsidy" but this is depreciation that all companies take and a legitimate expense.
Now, an example of a true subsidy is the ethanol boondoggle, bad for consumers, bad for the environment, bad for engines, yet we can't get away from it. The libs, greenies, Iowa and Archer Daniels like it though.
Back to oil, it is the most taxed product on earth. It is taxed out of the ground (royalties), the high paid employees who work it are highly taxed, it is taxed during transportation, it is taxed at the port of entry, at the pump, fed, state and local taxes. Tax, tax, tax for every level of government. I'm sorry, what were those subsidies again? (please be specific).
