The true cost of gasoline
The Center for Investigative Reporting has put together an interesting 5 min video explaining the true cost of gasoline to the American public. While gas may be hovering around $4 a gallon in the U.S. in recent weeks (still well below the price in Canada and European countries), the video explains how Americans are really paying closer to $15 a gallon through costs such as health impacts due to auto pollution, the clean-up costs for spills and accidents, and reduced crop yields due to pollution. Worth a view.
http://www.youtube.com/watch?feature=player_detailpage&v=6RhYY_4Wzls
Categories: Energy, Energy economics, Oil, Pollution
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