And this doesn't even include the cost of our military to defend our oil and natural gas interests around the world. That is estimated at $100B a year. Look up the Carter Doctrine. See President Carter vocalize this back in 1979.
US Gas Is Artificially Cheap: What We Don't Pay for at the Pump
California has some of the dirtiest air in the nation. Consequently, it has some of the strictest rules for gasoline, meaning it burns cleaner than it does in many other states. But cleaner fuels are more expensive.
Clean air requirements, combined with supply and refining constraints, make the price of California gas consistently among the highest in the nation. Turmoil in the Middle East is another factor that pushes up the global price of crude oil. Even though the average price for a gallon of regular unleaded gas in California fluctuates around $4, some experts argue that $4 a gallon is much less than the real cost.
Compared with other industrialized countries, the US has it cheap. The Economist notes that American consumers pay about half of what Europeans pay, which is up to about $8.50 per gallon (or $2.25 per liter). The media website Good has a nifty chart showing the disparity in prices across the Atlantic, and PBS' NewsHour explains the effect Middle East turmoil has on the retail price of gas. While politicians on both sides of the aisle bicker about why gas is expensive, US Sen. Jeff Bingaman, D-N.M., is one who explains the real reasons, and as Grist reporter David Roberts notes, he is lonely in doing so.
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