Search Results for: Benefits of higher gasoline prices

Benefits of higher gasoline prices

Like Brian says, always look at the bright side of life. With public transit use nationally at a 50-year high, traffic dropped 2.1% in the first four months of this year across the country. That mileage reduction — along with people driving smaller cars, and more slowly, to save gas — could mean that 12,000 read more »

A revenue neutral carbon tax for California?

What if you could make driving dramatically more expensive in a way that won’t punish people who drive, but reward those who seek ways to reduce their driving without wrecking the economy? Thirty years ago, conservative columnist Charles Krauthammer proposed a what he called the “Net Zero Gas Tax to reduce consumption. To keep revenue read more »

Populist grandstanding

President Obama announced today that U.S. Attorney General Eric Holder will assemble a “Financial Fraud Enforcement Working Group” to investigate oil market manipulation. The price of gas — approaching $4/gallon nationwide and around $4.20 in California — is surely the fault of cheating Wall Street dirtbags, right? Upstanding, middle class, salt-of-the-earth American citizens such as read more »