The Breakdown: What Is the True Cost of Gas?

The Breakdown: What Is the True Cost of Gas?

The Breakdown: What Is the True Cost of Gas?

Imagine that the cost you pay at the pump reflected not only the cost of gas without all of the government tax breaks and subsidies to the oil industry but also the political, health and environmental costs of drilling for oil.

Facebook
Twitter
Email
Flipboard
Pocket

Each summer, drivers across the nation seem to suffer a collective anxiety attack about the rising cost of gas. Now imagine that the cost you pay at the pump reflected not only the cost of gas without all of the government tax breaks and subsidies to the oil industry but also the environmental costs of drilling for oil, and the political costs, and the health costs of all that oil. With these factors in place, what would be the real price of gas? The Nation’s Washington, DC, editor Christopher Hayes and energy expert and author Terry Tamminen try to answer this question on this week’s edition of The Breakdown.

The Breakdown Each summer, drivers across the nation seem to suffer a collective anxiety attack about the rising cost of gas. Now imagine that the cost you pay at the pump reflected not only the cost of gas without all of the government tax breaks and subsidies to the oil industry, but also the environmental costs of drilling for oil, and the political costs, and the health costs of all that oil. With these factors in place, what would be the real price of gas? In an encore edition of The Breakdown, The Nation‘s Washington, DC Editor Christopher Hayes and energy expert and author Terry Tamminen try to answer this question.

 

Related Links

More information on our guest Terry Tamminen.

A column by Ezra Klein on this subject.

Note: This episode of The Breakdown originally aired July 15. New episodes will return September 10.

Thank you for reading The Nation!

We hope you enjoyed the story you just read. It’s just one of many examples of incisive, deeply-reported journalism we publish—journalism that shifts the needle on important issues, uncovers malfeasance and corruption, and uplifts voices and perspectives that often go unheard in mainstream media. For nearly 160 years, The Nation has spoken truth to power and shone a light on issues that would otherwise be swept under the rug.

In a critical election year as well as a time of media austerity, independent journalism needs your continued support. The best way to do this is with a recurring donation. This month, we are asking readers like you who value truth and democracy to step up and support The Nation with a monthly contribution. We call these monthly donors Sustainers, a small but mighty group of supporters who ensure our team of writers, editors, and fact-checkers have the resources they need to report on breaking news, investigative feature stories that often take weeks or months to report, and much more.

There’s a lot to talk about in the coming months, from the presidential election and Supreme Court battles to the fight for bodily autonomy. We’ll cover all these issues and more, but this is only made possible with support from sustaining donors. Donate today—any amount you can spare each month is appreciated, even just the price of a cup of coffee.

The Nation does not bow to the interests of a corporate owner or advertisers—we answer only to readers like you who make our work possible. Set up a recurring donation today and ensure we can continue to hold the powerful accountable.

Thank you for your generosity.

Ad Policy
x