gas crisis? what gas crisis?

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 R. Staley, Ph.D. is a senior research fellow at Reason Foundation and managing director of the DeVoe L. Moore Center at Florida State University in Tallahassee where he teaches graduate and undergraduate courses in urban planning, regulation, and urban economics. Prior to joining Florida State, Staley was director of urban growth and land-use policy for Reason Foundation where he helped establish its urban policy program in 1997.