Tag archive for ‘Gasoline Price’
Saudi Arabia rejects Bush’s request for increased oil output
Riyad, Saudi Arabia (Washingtonpost.com): Saudi Arabia Friday rejected the idea of increasing oil production to help ease soaring gasoline prices, telling President Bush that the kingdom already is meeting its customers’ demand for crude.
The apparent rebuff came as Bush appealed to Saudi King Abdullah to use his country’s vast oil reserves — the world’s [...]
Eliminating the Gas Tax will not lower gas prices
Washington, D.C. (rightcommentary.com): I am an economist by training, and a policy analyst by choice, so thus it is obvious that I’m ill-qualified to appraise the gas tax debate. As an economist, I understand in great detail how to calculate equilibrium conditions - most importantly what factors determine prices. As a policy analyst, I’m used [...]
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