A New Green Agenda for Commuters

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As gasoline prices passed $3.50 a gallon nationally, the politicking
predictably kicked into overdrive. “There’s no reason we can’t get
gasoline down to $2 and $2.50 a gallon,” said Newt Gingrich, who in
February promised he would accomplish this via an agenda he called
“Drill here, drill now, pay less.” Two days later three prominent
Democrats, including Representative Ed Markey, called for President
Obama to release oil from the Strategic Petroleum Reserve to lower gas
prices.

The huge difference between the thinking of Republicans and Democrats
disappears when it comes to gas prices. Both subscribe to the same
dubious premise: we can lower prices by increasing supply. But over the
past decade, such policies have had little effect on the global oil
market. It’s time to change our approach: rather than trying to increase
supply in a vain attempt to cut prices, progressives should be
embracing policies that will reduce the amount of gasoline we use, thus
reducing the impact of prices on household budgets and the national
economy.

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