frykitty: I'm interested in the silence and lack of celebration about the people taking control, not in the argument about gas prices itself. In any case, you're incorrect. In the US, neither Ron Wyden nor anybody else of either party got prices down. It was market forces, combined with new EPA regulations and changes in production levels, that caused the price to shoot up, and it was market forces, combined with a slow-to-arrive adjustment to the new regs and changes in production levels, that brought them back down. It's a different matter in Europe, largely because the taxes there are much much higher than they are here, and it's getting to the point there that the prices are seriously affecting people, not just rising up to a grumbling level.
posted by aaron at 9:39 PM on September 11, 2000
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posted by jblock at 6:16 PM on September 11, 2000