Tuesday, February 22, 2011

Gas Prices

On the other hand, significant increases in the price due to rising oil prices, unlike tiny increases in the gas tax, will be painful for people. Using my 500 gallon/yr example below, an increase of $1 is $500/yr. Doing the very complicated math, that means a $2 increase would be $1000/yr. The rest I leave to you as an exercise.