Reason Foundation

Reason Foundation

gas crisis? what gas crisis?

Samuel Staley
June 10, 2008, 5:52am

Paul Brooks made the following telling observation worth broadcasting more broadly on the Preserving the Amercian Dream list serve (yahoo! groups) the other day:
Amazing to consider that the cost of gasoline is still so cheap that an 88 mile trip has only increase in cost from $13.24 to $17.86, or at $4.62 less than I frequently see people's bill for coffee and a roll at Starbucks. Or less than a typical economy lunch at a burrito stand here in Berkeley Ca. And far less than the subsidy for most train trips of this length. No wonder most of us drive.

Samuel Staley is Research Fellow

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