Monday, May 21, 2007

Gas Shock

The price of Gas is now higher then in 1981 when adjusted for inflation. Well the interesting thing is will this reduce demand, if the recent high prices do not curb demand what price will it take. $4, $5 or $10 a gallon how much will the government have to tax Gasoline to reduce demand enough that it will have an effect on CO2 emissions.

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