MODERN TIMES

Art Hobson

ahobson@uark.edu

NWA Times 8 December 2007

 

The real cost of gasoline

 

              It's getting more difficult to get around, and it's not just old age.  My eye doctor, dentist, and physician have moved out of central Fayetteville, where I live, to the suburbs.  Clothing stores, Lewis Brothers' Hardware, and Woolworths vanished from downtown decades ago with the coming of the mall and big box stores.  Two restaurants that used to be a short walk away have vanished along with much else on North College Avenue.  For 35 years I have commuted to work daily on a bicycle, allowing us to be a one-car family, saving $8000 a year, and providing fun and exercise for me, but this life style becomes more difficult as downtown empties out.

              This situation, which has been endured for decades by city dwellers all over America, is a result of automobile dependence.  To add insult to injury, it turns out, as we'll see in a moment, that the tab for this and much other damage caused by cars is not picked up by drivers but is instead paid by everyone, regardless of their driving habits.  

              An economic problem is at the root of automobile overdependence: Pump prices differ radically from gasoline's "real cost"--including hidden costs.  The real cost of gasoline has been tallied by numerous studies, with results on the order of an astonishing trillion dollars per year of costs that Americans must pay but that are not paid by drivers.  One such study, "The Real Price of Gasoline," was published in 1998 by the International Center for Technology Assessment.  ICTA is a non-profit, bi-partisan organization that provides the public with full assessments and analyses of technological impacts on society.  I'll report the ICTA results in 2007 dollars. 

              First, there are numerous federal and state tax breaks to the oil industry, totaling between $11 and $22 billion annually. 

              The government also hands out half a dozen subsidies for expenses such as research, development, and export-import activities, totaling $3 billion annually. 

              The annual cost of building and maintaining roads and highways is much more than the amount collected in user fees (gasoline taxes, other taxes and tolls).  About half of the bill, or a whopping $45 to $140 billion, is footed by the general public.

              The annual cost of defending petroleum resources in the Persian Gulf and elsewhere is estimated at $70 to $121 billion in this 1998 study, or one-quarter to two-fifths of the defense budget at that time. 

              The annual cost of the government-maintained strategic petroleum reserve is $7 billion. 

              General taxpayers shoulder most of the burden of police, fire, ambulance, and other municipal services for automobile users, resulting in $34 to $48 billion in annual hidden costs.  

              The subsidy for parking is a staggering $135 to $250 billion in annual costs not borne by drivers.  That works out to about $500 to $800 that each of us pays every year, in the form of general taxes and higher prices for goods and services (which must include the cost of parking in their prices), for "free" parking.  A little thought shows that this is a reasonable figure:  The cost of parking in a typical for-profit lot is at least $8 per day, or  $3000 per year; there are several times more parking spaces than cars in America; the area that a typical county devotes to parking is larger than 1,000 football fields; building costs for decked parking runs around $15,000 per space.

              U.S. dependence on foreign oil damages our balance of payments and has other harmful economic effects estimated at $6 to $12 billion annually. 

              Automobile-caused air pollution causes immense damage.  Annual health costs are at least $37 billion and perhaps as much as $677 billion.  Annual crop damage, decreased visibility, and building damage total $12 to $74 billion.  The annual U.S. cost of the automobile's share of global warming was estimated at $4 to $35 billion in 1998 (it would be considerably more today), a figure that could become astronomical in the future.  Water pollution, noise pollution, and wastes such as 250 million thrown-away tires every year cost an annual $18 to $57 billion. 

              Transportation analysts have quantified the costs of automobile-caused sprawl.  Costs include increased commute times, needed government-paid infrastructure for sprawling development, fragmented wildlife populations, ugliness that degrades property values, degraded public spaces, reduced community interaction, and much more, for a total of $205 to $306 billion annually. 

              The grand total of all these hidden subsidies that we all pay to support America's automobile habit is $587 to $1752 billion annually.  That's about $2000 to $6000 for every American. 

              These dollar costs amount to $4.13 to $12.34 per gallon of gasoline in costs that are borne by Americans but not charged to automobile drivers.  If drivers paid these costs at the pump, gasoline prices would be about $7 to $15 per gallon.  As a check on these figures, in Britain, which taxes drivers for at least some of these costs, gasoline prices recently hit $8 per gallon. 

              It's clear that cars do not begin to pay their own way in America and that all of us, drivers and non-drivers alike, pay dearly to make up the difference.  This market distortion is at the root of the over-dependence on automobiles that is destroying downtown Fayetteville and much else that we hold dear.  Our extreme subsidization of driving has given us what is surely the industrialized world's worst, and ironically most expensive, transportation system.  The alternatives are numerous and obvious:  trains, buses, bicycling, walking, compact cities, gasoline taxes, and so forth.  It's time to get unhooked from the automobile. 

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