The Wrong Way to Respond to High Gas Prices
Instead of telling people to buy electric cars, government needs to help lower gas prices by issuing more oil leases and approving pipelines.
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Instead of telling people to buy electric cars, government needs to help lower gas prices by issuing more oil leases and approving pipelines.
Many factors affect the price of gas at the pump, from simple economics to government barriers that limit supply and increase prices.
Beyond the pump, high gas prices affect the prices of food, clothing, household goods, and even police and emergency medical services.
The government’s restrictions on drilling and transporting oil and gas play a huge role in driving up prices for families and businesses.
Politicians will say they have no control over gas prices. But there are things they can do to reduce prices, and they need to start now.