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The Actual Cost of Gasoline That U

Question 26

Multiple Choice

The actual cost of gasoline that U.S. consumers purchase for their cars is


A) about $1 per gallon which makes it even more unfair that we are currently paying around $4 per gallon.
B) about $4 per gallon, so the current prices at the pump are right on target.
C) about $6 per gallon which is more in line with fair prices paid in European countries
D) about $14 per gallon when one considers estimated harmful environmental and health costs.
E) it was $2 per gallon until Hurricane Katrina and Deep Horizon oil spill caused increases in production costs and decreases in availability.

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