A price floor for U.S. gas
FEBRUARY 2, 2016
in Tulsa, Oklahoma. Maximilian Auffhammer at the energy blog with no name : The national average price for gasoline is $1.80 this week, with a minimum of $1.29 The external costs for a gallon of gasoline, as estimated in a now classic paper , are approximately $2 per gallon. This means that the average American is currently purchasing gasoline at half of its true social cost.