oil

Government Spending on Canada's Oil and Gas Industry: Undermining Canada's Kyoto Commitment.

Amy Taylor, Matthew Bramley, and Mark Winfield, The Pembina Institute for Appropriate Development. This report, commissioned by the Climate Action Network Canada, identifies and quantifies federal government expenditure on Canada's oil and gas sector. It also investigates both federal and provincial support for oil sands developments. Useful information, though the subsidy numbers were lower than expected for resource-rich Canada. There may be programs or subsidy types that have not yet been counted.

"Big Oil" at the Public Trough: An Examination of Petroleum Subsidies.

Ronald Sutherland for the Cato Institute, February 2001. Cato does good work advocating for subsidy reform, with the fairly glaring exception of anything having to do with petroleum. Perhaps the organization's heavy reliance on funding from Koch Industries constrains free expression here. For starters, Sutherland's paper would have benefited from some peer review, and from the use of more realistic subsidy values for oil.

US House Takes on Big Oil

...Other economists say the industry's federal subsidies are far higher. They average about $39 billion annually if items such as defense of oil lanes in the Persian Gulf, guarding domestic infrastructure like the Alaska Pipeline, and paying to maintain the nation's Strategic Petroleum Reserve are also included, says Doug Koplow, founder of Earth Track, a Boston consulting firm that analyzes natural-resource subsidies.

Comment: Switching to Snake Oil

..."Cutting oil consumption in any significant manner means increased reliance on ethanol and other biofuels because they are easily the most cost-competitive alternative to gasoline on the market. Accordingly, it's worth noting that the president's own Department of Agriculture reports that ethanol costs about $2.53 per gallon to produce - even with the subsidies. Without them, economist Doug Koplow calculates that production costs would be at least $1 per gallon higher.