20 Jun '11, 3pm

Video: The true cost of gas in the U.S. is closer to $15 a gallon

Video: The true cost of gas in the U.S. is closer to $15 a gallon

The Price of Gas – Click above to watch video after the jump The Center for Investigative Reporting has put together an interesting video explaining the true cost of gasoline to the American public. While gas may have dropped to below $4 a gallon in recent weeks, the video explains that we are really paying closer to $15 a gallon! How's that you ask? Well, there are many hidden costs such as: Health effects due to gasoline related pollution. In 2008, CSU Fullerton's Institute for Economic and Environmental Studies released a report showing that the cost of air pollution for the greater Los Angeles area adds up to more than $1,250 per person per year, and is more than $1,600 per person in California's Central Valley. In addition to all the medical costs of asthma, and other respiratory illnesses, there are lost workdays, and missing school days that factor in. Reduced crop ...

Full article: http://green.autoblog.com/2011/06/20/video-true-cost-of-g...

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