Point of View # 39We Are All Subsidizing Plastic (3 of 3)Oct 16, 20223ShareLeave a commentNorman Mailer's view of plastics Plastics are made from oilThe largest US plastics manufacturers are oil companiesFederal governmental tax breaks to the oil companiesThe oil depletion allowanceCurrent subsidies to oil companiesPlastics are the future of oilPlastics and World War IIFederal investments in plastics factoriesFracking and ethaneSection 29 credits to frackingState subsidiesThe actual cost of plasticProjected increase in plastic production