Michael Giberson As usual, Geoff Styles is worth reading: Since the administration has apparently ruled out an increase in the gasoline tax to cover declining Highway Trust Fund revenues, it’s surprising that it appears to be giving serious consideration to a proposal that would raise a hidden tax on gasoline. This is even more perplexing, …
The Ethanol Drag on Consumer Value and Government Revenue Read More »
Michael Giberson WABC-TV reported Friday on what was likely the highest priced retail gasoline in the country: an Exxon station in Summit, New Jersey was offering regular grade gasoline for $4.89/gallon. According to AAA’s Daily Fuel Gauge Report, the current average price in the US is about $1.85/gallon, and the average price in New Jersey …
Most Expensive Gasoline in America – a Zone Pricing Protest Read More »
Michael Giberson Would someone please check current prices for bread in the towns of Greenwich, Port Chester, and Stamford, Connecticut? A December 23 story in the Greenwich Time notes the arrival, finally, of gasoline prices below $2/gallon in Greenwich, “after weeks of being surrounded by less-than-$2 in gas in municipalities such as Stamford and Port …
Would Someone Please Check the Price of Bread in Connecticut? Another Zone Pricing Post Read More »
Lynne Kiesling Martin Feldstein has a column in today’s WSJ (subscription required) in which he recommends that the government issue tradeable gasoline rights (TGRs) instead of either raising CAFE standards or imposing a gasoline tax. In a system of tradeable gasoline rights, the government would give each adult a TGR debit card. The gasoline pumps …
Martin Feldstein in Wsj on “Tradeable Gasoline Rights” Read More »
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