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That will never happen though, since the biggest O&G subsidy is the fact that the global oil market is denominated in US Dollars which coincidentally also happe
by pdeuchler 9y ago
That will never happen though, since the biggest O&G subsidy is the fact that the global oil market is denominated in US Dollars which coincidentally also happens to be the source of almost all US soft power.
- r00fus 9y agoUnless the US faces an actual challenge globally from China and/or Russia. One day we will wake up and the US Petrodollar will be the emperor's new clothes.