Re: [asa] $4 gas is here to stay

On May 22, 2008, at 9:42 PM, Terry M. Gray wrote:

> Speaking of $4 gas.
>
> Can someone explain to me why we should be bothered by $4/gallon gas
> in light of the world economy?
>
> Prices in Europe historically are at least twice that. See http://www.eia.doe.gov/emeu/international/gas1.html
>
> Is the difference the way Europeans and others with higher prices
> tax gas? Or is it a matter of local supply?
>
> I'm wondering why all our politicians aren't facing the issue head-on.
>
> TG

Terry do you remember how John Anderson got slaughtered in the 1980
presidential campaign for his "massive" 50 cents a gallon gas tax?
That's why politicians aren't facing the issue. It's more of a third
rail than Social Security.

Rich Blinne
Member ASA

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Received on Fri May 23 00:45:33 2008