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Are We Paying Too LITTLE for Gas?

As gas prices ratchet up to almost $5 per gallon for regular, some transportation specialists argue that we may not be paying enough.

 

Could it be? Are Americans enjoying the second-lowest gasoline prices in the world just after oil-exporting Mexico?  We are, says Randy Salzman, a transportation management researcher and author of the upcoming book, "Yes We Can: Getting Americans to Back Away From the Steering Wheel."

In Sunday's New York Times, Salzman contends that while oil costs the same around the world, other nations put higher fees on gas consumption.

However, a cruise around Palo Alto for the sole purpose of observing gas prices may lead drivers to think otherwise.

The lowest gas prices this editor found on a Monday morning were at on San Antonio Road. But at $4.28 per gallon for regular, it's tough to feel "lucky" about our pump prices.

Salzman says that if we'd use our cars smarter, we'd avoid a host of gas-guzzling related problems, not the least of which is keeping our children's children from fighting wars in the Middle East.

And many of us make a conserted effort to do just that---we drive hybrids, we carpool, we bike/walk, we take public transportation, and some of us work from home. But despite our best conservation efforts, we are still a car culture and will pay whatever is asked at the pump.

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commuter April 10, 2012 at 12:59 AM
Gasoline prices are heavily subsidized by the Federal government. Would the economy be more efficient if we paid lower Federal income taxes and higher gasoline prices? Probably yes.

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