The Fighting 29th All about New York's 29th Congressional District http://www.fighting29th.com/node/4760/atom/feed 2008-04-30T07:59:20-04:00 Debunking Some Gasoline Myths http://www.fighting29th.com/2008/04/debunking-some-gasoline-myths.html 2008-04-30T07:59:20-04:00 2008-04-30T07:59:20-04:00 Rottenchester Since the price of gas has become a political issue, here's a roundup of media stories addressing some of the ideas floating around:

Evan Dawson at Rochester WHAM-13 talks to an economist about a gas tax holiday. It turns out that the way the gas market is structured in New York, any cut in gas taxes could be swallowed up by middlemen, and we would also probably see a rebound shock at the end of Summer.

McClatchy has a round-up of things President Bush could do to cut the price of gas. One thing Bush didn't mention yesterday might work, and everything he did mention won't work.

Reuters analyzes the claim that a 2002 authorization drilling in ANWR would have solved today's problem. It wouldn't, and at maximum production far in the future ANWR would have only accounted for 2% of our total oil consumption. It's a oft-mentioned drop in the bucket.

]]> Since the price of gas has become a political issue, here's a roundup of media stories addressing some of the ideas floating around:

Evan Dawson at Rochester WHAM-13 talks to an economist about a gas tax holiday. It turns out that the way the gas market is structured in New York, any cut in gas taxes could be swallowed up by middlemen, and we would also probably see a rebound shock at the end of Summer.

McClatchy has a round-up of things President Bush could do to cut the price of gas. One thing Bush didn't mention yesterday might work, and everything he did mention won't work.

Reuters analyzes the claim that a 2002 authorization drilling in ANWR would have solved today's problem. It wouldn't, and at maximum production far in the future ANWR would have only accounted for 2% of our total oil consumption. It's a oft-mentioned drop in the bucket.

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