![\"image\"](\"https:\/\/wonkroom.thinkprogress.org\/wp-content\/uploads\/2010\/03\/1gas-prices-arm-leg-both.jpg\")
\nBy Daniel J. Weiss, a Senior Fellow and the Director of Climate Strategy at the Center for American Progress Action Fund.<\/p>\n
\nBy Daniel J. Weiss, a Senior Fellow and the Director of Climate Strategy at the Center for American Progress Action Fund.<\/p>\n
The mounds of snow blackened by auto exhaust have barely melted in Washington, D.C, yet the Energy Information Administration\u2019s Short Term Energy Outlook already predicts that average gas prices \u201cwill exceed $3 per gallon\u201d in coming months:
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\nHigher gasoline prices are like a tax on consumers \u2013 they pay more for the same amount of product, with the additional funds enriching big oil companies and foreign oil suppliers.<\/p>\n
Since one of every four barrels of oil comes from nations that the State Department classifies as \u201cdangerous or unstable,\u201d more oil consumption and higher prices further enriches these states. And a $1 increase in oil prices provides an additional $1 billion dollars to the Iranian government \u2013 even though the U.S. buys no oil from it. This can only help Iran incite unrest and attacks in Iraq and elsewhere. By Daniel J. Weiss, a Senior Fellow and the Director of Climate Strategy at the Center for American Progress Action Fund. The mounds of snow blackened by auto exhaust have barely melted in Washington, D.C, yet the Energy Information Administration\u2019s Short Term Energy Outlook already predicts that average gas prices \u201cwill exceed $3 per gallon\u201d … <\/p>\n
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\nhttps:\/\/wonkroom.thinkprogress.org\/2010\/03\/10\/three-dollar-gas\/<\/a>oldId.20100312133601277<\/p>\n","protected":false},"excerpt":{"rendered":"