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  • The reality is gas prices should be much more expensive then they are because we're not incorporating the true damage to the environment and the hidden costs of mining oil and transporting it to the U.S. Whenever you have an unpriced externality, you have a bit of a market failure, to the degree that eternality remains unpriced.

    "Elon Musk: Refining Gas Uses More Electricity Than Electric Cars". Interview with Matt Rosoff, www.businessinsider.com. October 26, 2011.
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