Lee A. Coppock, Ph.D., is William E. Simon Professor of Economics at Hillsdale College in Hillsdale, Mich., and an adjunct scholar with the Mackinac Center for Public Policy.
Concern over rising gasoline prices has some states, most notably Hawaii, considering or passing gas price controls. But if politicians really wanted to lower the price of gas, they would slash taxes, which add up to as much of a third of the price at the pump. … more
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