Tuesday, April 18, 2006

Uncle Sam's hand in high gas prices?

In contrast to the oil article I posted, this article talks about what, or lachthereof, the federal government has done to increase gas prices.

http://money.cnn.com/2006/04/18/news/economy/gas_prices_ethanol/index.htm?cnn=yes

While oil going up is generally an indicator of a higher price at the pump, our current price has multipliers added in that have little to nothing to do with oil prices.

It’s an interesting read as well, and can make you sound smarter when talking issues with people who have no idea what they are talking about.

-Steve

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