Monday, July 12, 2010

Pump price doesn’t cover gasoline cost / LJWorld.com

Pump price doesn’t cover gasoline cost / LJWorld.com: "That means the gasoline you’re buying at the pump is — stick with me here — too cheap. The price you pay is less than the product’s true cost. A lot less, actually. And it’s not just catastrophic spills and dramatic disruptions in the Middle East that add to the price. Gasoline has so many hidden costs that there’s a cottage industry devoted to tallying them up. At least the ones that can be tallied up."

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