1.26.2007

true cost of gasoline $15.14

An interesting story from progress.org:

So you think you're getting a good deal on a tank of gasoline these days? You wouldn't think so if all the oil industry tax subsidies received from the federal and state governments and other costs that went into producing that gallon of gasoline were included in the pump price.
Such external costs push the true price of gasoline as high as $15.14 a gallon, according to a new report released by the International Centre for Technology Assessment.

"In reality, the external costs of using our cars are much higher than we may realize," the Washington-based research group said in its report.

read the rest of the story...

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