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by Keith Ray.
Original Post: Energy Prices
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David Pimentel, Cornell professor of ecology, says: "The next time you're pumping gas or paying the heating bill, ponder this: As high as fuel prices are in this country, they would be even higher without government subsidies to prop up the industry. Instead of paying at the pump, every American family is paying about $410 in taxes each year for subsidies that keep gasoline prices and other energy product prices artificially low." [That's billions of dollars in taxes subsidizing the energy industry.]
Unfortunately, no politician is going to get elected by promising to raise gas prices, even if doing so decreases our dependance on foreign oil, decreases corporate welfare payments (and thus lowers our taxes), and pays for more efficient energy use.
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