Want $2.50 a gallon gas? Try $187 billion in subsidies
This final note today. We talked about this a couple of weeks ago — the plan from former House Speaker Newt Gingrich to get gas prices down to $2.50 a gallon. How, we asked, might that happen?
Experts we talked to said, among other things, that Los Angeles and New York would have to stop driving. Completely.
The Atlantic magazine took another track: $187 billion a year in government subsidies.
The math’s pretty interesting. Check it out here.
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