If you don’t understand how lowering the cost to produce more oil, helps an industry selling a product in a lower priced market, I don’t think I can help with more discussion.
No more government subsidies.
“The nine most terrifying words in the English language are: I’m from the Government, and I’m here to help.”
- Ronald Reagan
God Bless
Curious,
Presume that the Soviet Union had offered to sell steel and oil to us at below our production price for 10 years, in order to shut down our domestic steel and oil industries, with the intent of then launching a war we could not quickly respond to.
Is that the free market in action. Would the preservation of that industrial capability qualify as a national interest to all citizens?