Those are all libertarian economists; people won't stand for a Randian notion of the strong eating the weak (economically speaking). Since the demand for gasoline is inelastic (i.e. people need it no matter how much it costs), those people who use it are at the mercy of cabals etc., and ordinary market principles that work well with soap or shoes or tvs or automobiles (where there is a huge variety of what to buy and a large number of manufacturers) do not apply to energy.
Of course there isn't any such thing as discretionary driving is there?
those people who use it are at the mercy of cabals etc., and ordinary market principles that work well with soap or shoes or tvs or automobiles (where there is a huge variety of what to buy and a large number of manufacturers) do not apply to energy.
Oh man! I give up. Bbl kamrad. Ignore the fact that price controls have NEVER worked. Ignore the fact that the central command and control governments create economic misery for those unfortunate enough to live under them. Ignore the utter disaster that dismal Jimmy inflicted on the country the last time this bone headed idea was tried. Say, you don't happen to work for the government do you?