The federal government wants to help trucking companies save money

The EPA and the U.S. Department of Transportation think trucking companies in the United States are not smart enough to understand that fuel expenses are worth managing carefully. Despite industry analysis identifying fuel costs ranging from 30 to 40 percent of variable costs per mile, so it is no secret in the trucking business, the federal … More The federal government wants to help trucking companies save money

Technological change, culture, and a “social license to operate”

Technological change is disruptive, and in the long sweep of human history, that disruption is one of the fundamental sources of economic growth and what Deirdre McCloskey calls the Great Enrichment: In 1800 the average income per person…all over the planet was…an average of $3 a day. Imagine living in present-day Rio or Athens or … More Technological change, culture, and a “social license to operate”

Texans should pay higher taxes

From Breitbart, “Drumbeat to raise gas tax extends to conservative event“: Texans should pay higher gasoline taxes, a Texas Tech University professor advocated at a policy conference organized by the conservative Texas Public Policy Foundation in Austin on April 16. He acknowledged that how transportation dollars are spent must also be carefully considered. Generally, I’m … More Texans should pay higher taxes

Virginia Postrel on Delta’s refinery purchase

Lynne Kiesling Just a quick note to accompany the discussion in the comments on Mike’s post about Southwest Airlines, Delta Airlines, and fuel price hedging: a couple of weeks ago Virginia Postrel had a very good analysis of the reasons why the Delta-Conoco transaction is not a good idea, in her regular column at Bloomberg … More Virginia Postrel on Delta’s refinery purchase

Raising MPG standards, part 2: Morris well explains the relative advantages of raising the gasoline tax

Michael Giberson At the Freakonomics blog, transportation scholar Eric Morris favors President Obama’s recent deal to dramatically raise CAFE standards (Corporate Automobile Fuel Economy standards) by 2025. A gasoline tax would be far superior public policy, he said, but it won’t work politically. Because he thinks CAFE standards do work, technically and politically, he said we should go with … More Raising MPG standards, part 2: Morris well explains the relative advantages of raising the gasoline tax