Congress Can’t Help with Gas Price Increases

Publication Date

6-11-2007

Document Type

Article

Organizational Units

Sturm College of Law

Keywords

Congress, Gas prices, Consumers

Abstract

Few politicians can resist the opportunity to exploit consumer angst over rising gas prices, and thus take advantage of the fact that few of America's public schools deign to teach economics to the nation's future voters.

Many of today's drivers were not alive in 1973 when pandering politicians decided that the best way to control gas prices during the Arab oil embargo was to make it against the law to sell gas at a market price.

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