"According to Terry Tamminen, former director of the California EPA, the true costs of our oil dependence run as high as $807 billion a year – or $2,700 for every U.S. citizen. If all the hidden costs that Americans currently pay for oil were reflected in the price at the pump, gasoline would cost more than $13 a gallon. In short, taxpayers and consumers are essentially giving the oil industry a subsidy of $10 for every gallon of gas sold in America. If we simply eliminated those subsidies and created a truly free market, renewable sources of energy would beat oil – as well as nuclear power and coal, which receive equally grotesque subsidies. It is only through these giant subsidies that gasoline has a prayer of competing with alternative sources such as biofuels and wind, which produce energy far more cleanly and efficiently, at far less cost."Source:
http://www.robertfkennedyjr.com/articles.html
Rolling Stone
June 18, 2007
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