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    THE REAL PRICE OF GASOLINE
    Posted on Sunday, November 02, 2003 @ 14:23:48 GMT by vlad

    General A recent report by the International Center for Technology Assessment [CTA] identifies and quantifies the many external costs of using motor vehicles and the internal combustion engine that are not reflected in the retail price Americans pay for gasoline. These are costs that consumers pay indirectly by way of increased taxes, insurance costs, and retail prices in other sectors.


    The report divides the external costs of gasoline usage into five primary areas: [1] Tax Subsidisation of the Oil Industry; [2] Government Program Subsidies; [3] Protection Costs Involved in Oil Shipment and Motor Vehicle Services; [4] Environmental, Health, and Social Costs of Gasoline Usage; and [5] Other Important Externalities of Motor Vehicle Use. Together, these external costs total $558.7 billion to $1.69 trillion per year, which, when added to the retail price of gasoline, result in a per gallon price of $5.60 to $15.14.

     
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    "THE REAL PRICE OF GASOLINE" | Login/Create an Account | 1 comment | Search Discussion
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    Way to go Oregonians! (Score: 1)
    by vlad on Sunday, November 02, 2003 @ 14:27:23 GMT
    (User Info | Send a Message) http://www.zpenergy.com
    OREGON REAFFIRMS PUBLIC FUNDING FOR ENERGY CONSERVATION Oct 22, 2003 - Funding for energy conservation and renewable energy has survived the budget crisis in the Oregon State legislature. Oregon lawmakers adjourned the legislative session in late August after considering, but ultimately rejecting, a proposed shifting of public-purposes dollars into the state's general fund. Another legislative idea would have required Oregon Office of Energy [OOE] approval for payments to the Energy Trust of Oregon, which administers most of the states conservation/renewables spending. It also included a provision for OOE to determine whether the Trust should continue its role. That bill narrowly failed shortly before legislators called it quits. The fight over public-purposes funding came as Oregon lawmakers grappled with a multibillion-dollar budget shortfall. However, the status quo was bolstered by a legal analysis that public-purposes funding as constituted could not be tapped for the states general fund, as it is collected only from Portland General Electric and PacifiCorp customers. Supporters of public funding for energy conservation praised some very supportive legislators who view public-purposes programs as a means to lower energy bills and create jobs. Oregon lawmakers and Governor Ted Kulongoski also approved a bill easing the way for public agencies to pursue performance-based energy savings contracts.



     

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