I have decided not to take $50 out of your wallet.
Are you now $50 richer?
Fair point. However, by artificially reducing their costs, it allows for artificially lower pump prices. So my original question stands. How much would fuel cost if it were not subsidized?
Now let’s get back to the subsidies for EV’s. Those too are tax subsidies. On the federal level it’s a $7500 tax credit to the purchaser. The incentives for the manufacturers and dealers are tax breaks. Why are tax credits for one industry good but for another bad?