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Isn't the USA basically an net exporter these days? If congress can't increase the gas tax to support the highways how are they ever going to support something
by danieltillett 11y ago
Isn't the USA basically an net exporter these days?
If congress can't increase the gas tax to support the highways how are they ever going to support something like a tax on oil to support clean transport?
- paulsutter 11y agoNew energy technology will benefit from an increased price of oil. Freeing up private investment dollars is the key. As for the government, considering the deficits I don't imagine such a tax would really free up much budget. Whether such a law can be passed is an entirely separate question from whether it's a good idea. And it is a good idea.
- danieltillett 11y agoYes it is a good idea - a better one would be to stop subsiding fossil fuels. Neither have much chance of getting through congress.
- greeneggs 11y agoIn 2014, the US imported 9 million barrels of petroleum per day, and exported 4 million barrels per day. Net imports accounted for 27% of US petroleum consumption. [1] While that is from 2014, this table suggests that imports didn't change significantly, up or down, in 2015 through November [2]. [1] http://www.eia.gov/tools/faqs/faq.cfm?id=727&t=6 http://www.eia.gov/tools/faqs/faq.cfm?id=727&t=6 [2] https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcrimus2&f=m https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=m...
- jessriedel 11y agoProbably a net exporter of hydrocarbons only when you include natural gas rather than just petroleum. http://www.eia.gov/todayinenergy/detail.cfm?id=20692 http://www.eia.gov/todayinenergy/detail.cfm?id=20692