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rsvihla  ·  4810 days ago  ·  link  ·    ·  parent  ·  post: The Shale Gas Revolution - NYTimes.com
We have plenty of time and resources..they're just completely misallocated. I tried to find something more recent but for example this chart clearly shows where our money is spent federally as of 2006 and the total amount of subsidies by energy source. It shows total federal subsidies at 13.6 billion (with a large chunk going to oil).

http://www.window.state.tx.us/specialrpt/energy/subsidies/im...

Compare this to how much we spent on ONE cancelled fighter jet program which had "development costs" alone of 56.4 billion .

http://www.economist.com/node/18958487

These number clearly indicate our priorities and it took me 10 minutes to find. I'm sure more digging would reveal even more of a slant. Spending an atrocious amount to protect our energy interests abroad instead of spending time on _any_ approach to develop adequate domestic energy sources seems pennywise and dollar foolish.