We should be charging oil companies the kind of royalties they have to pay around the world,
fuck the subsidy, that's where we're really losing money.
what would the consequences be?
You think the consequences would be that they would just raise prices to make up for it.
You wrongly assume that market forces and competition have no effect on price.
So, nice try.
Right, if the cost of steel goes up, the cost of refrigerators don't. There's no correlation between cost and price. If you take econ 101 and learn about the supply and demand curve then you'll sound a lot less ignorant when you don't post nonsense like this.