IMF: Gas Prices Don't Reflect True Costs | WAMU 88.5 - American University Radio
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IMF: Gas Prices Don't Reflect True Costs

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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.
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