Sustainable Living: True cost of pumping gas: $10 a gallon

[amyrose2712]

Sustainable Living: True cost of pumping gas: $10 a gallon

June 08, 2008

(snip)

Even at $4, we are not paying the real cost of gasoline.

Our federal government subsidizes the oil industry with numerous tax breaks, price protection and research-and-development funding that totals billions of dollars every year. These subsidies help keep domestic oil companies competitive with international producers and keep gas relatively cheap at the pump.

In other countries, like Bosnia, you would pay $10.86 for a gallon of gas because there are fewer government subsidies. Paris is at $6.52, Berlin at $6.42 and $7 in Amsterdam.

(snip)

One thing has become clear. If Americans had to pay the true cost of fuel at the pump, we would all ride bicycles and drive electric cars.


http://www.recordonline.com/apps/pbcs.dll/article?AID=/20080608/NEWS/806080327


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I know this article is a little old, but I think its interesting and put the gas prices different perspective. This doesn't even touch on the environmental costs.

[Cessna Invesco Palin]

1. I don't know about Bosnia...

...but for Paris, Berlin, and Amsterdam the high price for fuel relative to the United States is primarily due to higher fuel taxes.

[taterguy]

2. So I guess people who drive excessively are the true welfare queens

And yes, my definition of excessive is anyone who drives more than I do.

Fucking freeloaders.