Gasoline could be $4.00 a litre if the Canadian government did not provide subsidies to the oil industry,and if the full cost of environmental damage from gasoline production and vehicle use was included in the price.

Question

Quizplus · Accepted Answer

Without subsidies to the oil industry and including the full cost of environmental damage, the price of gasoline would increase significantly. Studies have shown that the true cost of gasoline is much higher than what is currently being paid, taking into account factors such as air pollution, climate change, and health effects.

Gasoline Could Be $4