When it comes to energy and gas prices, writes Robert Bryce in this interesting piece in Slate, Americans are living in a fantasyland.
Even at $4 a gallon, our gas prices are dirt-cheap compared with most developed countries. In England, motorists pay more than $8 per gallon of gas. In Norway, itâ€™s $8.73 â€” and theyâ€™re an oil exporter.
Supply trends suggest itâ€™s not going to get any cheaper.
â€œThe simple truth is that Americans are going to have to get used to more expensive gasoline,â€ Bryce concludes.