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The Energy Trap

The New America Foundation's Lisa Margonelli explains how the middle class in America is trapped by the high price of gasoline. The American economy runs on cars and gasoline, and until we create more options to get people to work, we will be trapped by high prices. In November of 2010, American drivers spent nearly $32 billion on gasoline--and if we had a choice of transportation we could have put some of that money back into our recovering economy. Every 25 cent jump in the price of gas takes $90 million a day that could be used elsewhere in the economy.
Length: 03:12


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