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Essay Details:
Essay text:
No matter how well intentioned, intervention to protect consumers will only make matters worse.
First, some perspective. Gasoline prices seem relatively high today largely because we still have rather fresh memories of 1998 -- the year in which records were set for the lowest inflation-adjusted fuel prices in American history. However, once we adjust for the changing value of the U.S. dollar, gasoline prices are not particularly high at all if compared to the historic record. While it's true that prices at the pump are significantly higher now than they were last year, higher fuel prices have only set back households by an average of $25 a month in 2004...
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Common topics in this essay:
- Gasoline Prices
- High Pump Prices: Oil Demand and Supply Factors
- Low Prices, High Cost
- Rrl On Psychological Reactance And Gasoline Prices
- The Reason For High Gas Prices
- The market for oil and gasoline
- Who Determines The Prices Of Goods In Market? Government Or Free Forces Of Market
- Diesel Fuel Prices & Trucking Industry
- Gasoline Prices
- Walmart; The high cost of low prices
- Crude oil prices in the market
- Cure for High gas prices
- High Gas Prices
- What's The Answer for High Gasoline Prices?
- Why Are Gasoline Prices Going Up So High?
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