Pump Price Myths: Misplaced blame, faith in corny solutions taking us down the wrong road
By Lisa Margonelli
The Washington Post
Whew, gas prices are high. Higher than they’ve ever been. During the week of May 21, the Lundberg Survey, a biweekly gas price tracking service, put the average cost of a gallon of unleaded at $3.18. Adjusted for inflation, that topped the 1981 price spike that had held the record for 26 years. Prices have since slipped a bit, but many predict they’ll stay up near the stratosphere all summer. Wondering why? The answers may not be what you think. Here are five common myths about why we’re paying so much at the pump.
The Washington Post
Whew, gas prices are high. Higher than they’ve ever been. During the week of May 21, the Lundberg Survey, a biweekly gas price tracking service, put the average cost of a gallon of unleaded at $3.18. Adjusted for inflation, that topped the 1981 price spike that had held the record for 26 years. Prices have since slipped a bit, but many predict they’ll stay up near the stratosphere all summer. Wondering why? The answers may not be what you think. Here are five common myths about why we’re paying so much at the pump.
posted by Andy W. Rogers | 8:46 PM
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