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Another 75 weeks with gas prices over $3.00, and household goods and food costing more as a result, will not help an already anemic recovery

Ten Ways to Lower Gas Prices



The average price of a gallon of regular gas is now $3.66, and has been decreasing for eight straight weeks. This is causing some of the President Obama’s advisors to declare energy prices an irrelevant issue. Political advisor David Axelrod recently tweeted: “Gas prices have been going down for the past six weeks. You think the GOP will blame the President?”

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In those six weeks, the only significant energy policy change at the White House was to make new coal production nearly impossible and thus vastly increase the cost of electricity. So, it is hard to assign this slight dip to the president after a record 75 straight weeks of prices exceeding $3.00. However, it is true that the president is not entirely responsible for gas prices. Market and economic conditions play a large role. With unemployment creeping back up, new global turmoil and summer travel on the wane due to a sagging economy, demand is surely dropping. But that does not mean, and has never meant, that the president’s policies or Congressional action does not play any role in gas prices. More...


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Heritage Foundation Rory Cooper -- Bio and Archives

The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973,  mission is
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