US Media always misses the point when discussing global gasoline prices
Wednesday, July 23rd, 2008Another day, and another article in the mainstream media about how good U.S.citizens have it when it comes to gas prices. Afterall, we could live in Norway, where the prices are the highest in Europe! And Europe, afterall, is so, so very expensive when it comes to gas.
Balderdash.
Most European nations, Norway included, use the price of gas as a tool to accomplish national energy and social goals. For example, U.S. citizens and/or their employers must pay for their own health insurance; in many European countries, gas taxes help provide this basic service for the residents.
Another example: the U.S. has no credible energy policy, nor a credible plan to combat global warming. Norway does.
When considering global gas prices, the U.S. media would do us all a favor if they made an “apples to apples” comparison. Rather than just looking at price and assuming that all facts are equal, dig into it a little bit.
For example, lets tack on the cost of the U.S. war in Iraq (don’t tell me its NOT about oil!) to the price of gas. $1 trillion dollars and counting; what what would it cost if this subsidy were honestly factored into the price of gas? No doubt the U.S. would have the most expensive gas in the world, and not Norway.