Gas Prices: It's the Money, Stupid

Thomas Andrew Olson / LewRockwell.com:
Not a day goes by when people I deal with (mostly at the office) complain about the latest record price-per-barrel of crude or the pain at the gas pump. And yes, prices are a bit higher, in inflation-adjusted dollars, than they were the last time we had serious gas-price problems. But there is one crucial difference between 1980 and today: Supply.

Posted by Editor at March 7, 2008 02:12 AM