Misery all around with gas prices

April 14, 2008
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Rising gas prices keeps making news.

Independent truckers complain that expensive diesel fuel could force them out of business.

The Recreational Vehicle Industry Association says gas prices and economic uncertainty are hurting sales. RV sales were off nearly 10 percent last year, and are projected to fall again this year â?? critical for the Elkhart area because thousands of people in that region manufacture more than half the nationâ??s RVs.

Democratic candidate for governor Jill Long Thompson wants to cap gas sales taxes when the price tops $2.75 a gallon, a proposal that primary election opponent Jim Schellinger says misses the larger issue of addressing rising fuel costs.

With misery all around, should government do something to keep prices low? Economists say rising prices force conservation and exploration of other forms of energy.
  • Cutting the gas tax will only result in a shortage of highway construction funds. Then everyone will complain that there is not enough money to rebuild roads and bridges.

    If you want cheap gas again, enforce labor laws on China and India so their economy built on cheap manufacturing will officially join the 21st century and realize the costs associated with it that the rest of the developed world has to deal with. That would effectively stifle their economies and their growth rates would return to normal levels, thereby using less resources.

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  1. So as I read this the one question that continues to come to me to ask is. Didn't Indiana only have a couple of exchanges for people to opt into which were very high because we really didn't want to expect the plan. So was this study done during that time and if so then I can understand these numbers. I also understand that we have now opened up for more options for hoosiers to choose from. Please correct if I'm wrong and if I'm not why was this not part of the story so that true overview could be taken away and not just parts of it to continue this negative tone against the ACA. I look forward to the clarity.

  2. It's really very simple. All forms of transportation are subsidized. All of them. Your tax money already goes toward every single form of transportation in the state. It is not a bad thing to put tax money toward mass transit. The state spends over 1,000,000,000 (yes billion) on roadway expansions and maintenance every single year. If you want to cry foul over anything cry foul over the overbuilding of highways which only serve people who can afford their own automobile.

  3. So instead of subsidizing a project with a market-driven scope, you suggest we subsidize a project that is way out of line with anything that can be economically sustainable just so we can have a better-looking skyline?

  4. Downtowner, if Cummins isn't getting expedited permitting and tax breaks to "do what they do", then I'd be happy with letting the market decide. But that isn't the case, is it?

  5. Patty, this commuter line provides a way for workers (willing to work lower wages) to get from Marion county to Hamilton county. These people are running your restaurants, hotels, hospitals, and retail stores. I don't see a lot of residents of Carmel working these jobs.