The Love

Foreign Policy lists five reasons to love $4 gasoline. And it's true, expensive gas has a lot of public benefits. And if we made gasoline more expensive through, say, higher gas taxes or a carbon tax then not only would we secure the public health, congestion, and environmental benefits of expensive gas but the government would have a good source of revenue with which to mitigate some of the consumer pain. As things stand, gas is expensive (and getting pricier) anyway, but oil companies and oil-exporting nations are reaping a huge share of the benefits.

Presented by

Matthew Yglesias is a former writer and editor at The Atlantic.

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register with Disqus.

Please note that The Atlantic's account system is separate from our commenting system. To log in or register with The Atlantic, use the Sign In button at the top of every page.

blog comments powered by Disqus

Video

Confessions of Moms Around the World

A global look at the hardest and best job ever

Video

A Stop-Motion Tour of New York City

A filmmaker animated hundreds of still photographs to create this Big Apple flip book

Video

The Absurd Psychology of Restaurant Menus

Would people eat healthier if celery was called "cool celery?"

Video

This Japanese Inn Has Been Open for 1,300 Years

It's one of the oldest family businesses in the world.

More in Politics

Just In