I have worked in non-union workplaces for 30+ years, across many companies and a few different industries. Most places were very collegial, even though in one sense people were competing for promotions.  

I always enjoy the responses to this question.

And Ballaban is the worst one here, which is saying quite a bit. 

That’s just a dysfunctional work environment. Has nothing to do with union vs. non-union. 

So, unions were valuable at one time. But notice that many of those benefits are now enshrined into law, meaning they are no longer needed for those purposes. 

So the CEO of a large and successful company gets paid about as much as Tom Brady gets to throw a ball. Which one is overpaid again?

Ballaban? I agree, he is the worst. 

FYI, Hindus in America still do regularly, in private ceremonies. No malicious intent involved. They have used that symbol for thousands of years and aren’t willing to let it be taken away because of Nazis. 

You  fix that with having different size wheels for front and back. 

That’s an awful comment. I gave you a star anyway, but I am not entirely happy about it. 

I should have said that I have never received a “good” answer. I have received lots of bad answers from articles written by people who either don’t know accounting, or are being intentionally deceptive hoping that the readers don’t notice or don’t care.

I believe that foreign policy decisions and much defense spending have been used to protect the US oil supply. Not sure that counts as a direct subsidy to the oil industry as it didn’t benefit US oil producers. But it is money that doesn’t have to be spent on US renewables. 

I have gotten a few answers to this, and the one that I think counts as a real subsidy is the amount of defense spending needed to ensure our oil supply. That is tens of billions per year.

Thank you. I learned much more about this from a link that Engineer also sent. You can see the response I sent to him about the 4 subsidies mentioned in his link.

I work in finance as a professional investor, and have a CFA charter. I know how to analyze financial statements better than most people. Note that I am not an energy investor, so I am not versed in that specific industry.

This is exactly the right take.

What are the specific oil company subsidies? I have asked this multiple times, and every time the answer seems to be the oil companies version of depreciation. 

What are the specific handouts that are provided to the oil industry? If you are talking about depletion, could you explain how that is fundamentally different from depreciation that is allowed for all businesses?

You should place your order today! 

Everyone understands English if you speak SSSSLLLOOOWWWWLLLLYYYY enough.