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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