Raising the price of gasoline without raising the cost of driving
Tuesday, November 11th, 2008 by Al Lewis (alewis)
In energy policy, ThinkOOB always starts with two assumptions:
(1) People use too much gasoline because it is priced far lower than it should be. Even if one does not accept the hypothesis of global warming as a basis for believing that gasoline is underpriced, one cannot dispute the fact that half of our defense budget [...]