New at Reason
Henry Payne salutes congressional efforts to keep Americans from wasting too much money on gas.
Comments to "New at Reason":
Guy Montag | June 8, 2007, 7:20am | #
If all you guys were using hydrogen or driving hybrids like me, we would not have all of these problems ;)I don't get it... Sorry, dumb before 10 a.m., can someone explain the analogy?
Governmental meddling in the marketplace and politically expedient fuel mandates?
Could someone explain to me what the ethenol mandate is, exactly?
The Ethanol Mandate is a means of keeping gas prices high without looking like it; it forces some amount, usually 10%, of gasoline to be ethanol. The process of doing this is expensive, it also reduces the energy content of a gallon of fuel, forcing consumers to buy more for the same, rasing demand, thus raising prices.