Monday, May 5, 2008

High Gas Prices? Increase Oil Production in the US

Paul Samuelson is one of the brightest minds in economics, and he writes in a coherent, engaging manner. He believes we are deluding ourselves if we complain about high gas prices, which are due to the tight oil market, and yet refuse to allow drilling for oil and gas in significant portions of the United States. See his column from a week ago at http://www.orlandosentinel.com/news/opinion/other/orl-syn-sam0501,0,6344504.story

No comments:

Post a Comment