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Peter Nierengarten's comments:

on From the Conventions: Pain at the Pump

The price of gasoline at the pump should reflect all of the true subsized and environmental and social cost of production and combustion. Additionally gas should be taxed proportionally to the cost associated with maintaining the streets and highways that cars and trucks require to drive. The pump cost should be similar to prices in N. Europe, somewhere between $8 - 10 per gallon.

Raising the cost of gasoline may cause the cost of many consumer items to rise in the near term, but in the long term higher gasoline prices will promote mass transit, higher consumption of local procucts, effiency and development of alternative fuels. The sooner we commit to dealing with these issue, the easier they will be to solve.

posted 4 years, 8 months ago
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