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That doesn't exactly explain it. Plenty of states in the oil business derive either significant tax revenue from it or subsidize it for local consumption. As fa
by stefan_ 4y ago
That doesn't exactly explain it. Plenty of states in the oil business derive either significant tax revenue from it or subsidize it for local consumption. As far as I can tell, the US does neither (actually, it pays subsidies for the exploitation).
- mlindner 4y agoThere's a federal tax on gasoline and every state taxes it. https://www.investopedia.com/gas-taxes-and-what-you-need-to-know-5118477 https://www.investopedia.com/gas-taxes-and-what-you-need-to-...