Lowering the cost of a commute feels like an immediate raise.
Fossil fuels are rarely priced to include their external costs. Carbon emissions, air pollution, and environmental degradation are massive bills that are simply passed on to future generations.
While paying less at the pump provides immediate relief to your wallet, the broader concept of "cheap fuel" is a complex web of economic trade-offs, psychological traps, and environmental IOUs. ⛽ The Allure of the Lower Digit
When gas is cheap, consumers tend to buy larger, less fuel-efficient vehicles.
Cheap fuel acts as a lubricant for global commerce, lowering the cost of shipping groceries, running factories, and booking flights.
