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IMF: Gas Prices Don't Reflect True Costs

The IMF says that price of gasoline in the U.S. covers the cost of producing and distribution gasoline but it doesn't reflect the costs that gasoline consumption imposes on society — in the form of traffic, congestion, pollution and global warming. Linda Wertheimer talks to David Wessel, economics editor of The Wall Street Journal, about a new IMF report on energy subsidies.