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News and Views on Energy Issues In California

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One Man's Take On the Cost of Gasoline

Posted on September 04, 2008

Santa Clara University's Fred Foldvary has it all figured out-- the way to lower the cost of gasoline by replacing excise taxes with pollution fees, eliminating state and federal regulatory barriers to new refinery construction, and blowing up the ethanol subsidy. It's all there.I'm not sure how politically viable the plan is, but it is comprehensive:How to bring down the cost of energyWe can't reduce the price of oil, but we can reduce the cost of gasoline and other fuels. Californians pay more for gasoline than the national average because of federal regulations, and Americans pay much mor...

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Tags:
air pollution , clean air , clean air act , cost of energy , demand , ethanol , incentive , journal , regulations , regulatory
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