Tag Archives: gasoline

Californians Can Handle the Truth About Gas Prices

A few weeks ago, Jim blogged about the concerns that cap-and-trade will drive up gas prices in California.   In late June, those concerns resulted in a letter from Assemblymember Perea and 15 other Democrats asking the California Air Resources Board … Continue reading

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Global Gas Guzzlers

Recently I have been spending a lot of time thinking about global fuel subsidies. The most extreme example is Venezuela, where gasoline costs only 6 cents per gallon.  That’s not a typo. The price in Venezuela is less than 1/50th of what … Continue reading

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Sunk Costs and Driving Decisions?

Do people who buy more expensive vehicles drive more? At first, the answer to that question seems obvious. Within a certain income group, people who are going to spend a lot of time in their cars are willing to invest … Continue reading

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Diesel me this, Diesel me that.

One of the many perks of being a professor is that we get to choose where we spend our summers. I often take my family to the home of soccer, beer, and renewables – Germany. The place has changed quite … Continue reading

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A Step in the Right Direction for Indonesia

Indonesia has been in the news this week for taking an important step in the right direction with energy pricing. Prior to last week, Indonesia had some of the lowest gasoline and diesel prices in the world. In the data … Continue reading

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Price at the Pump Worldwide

This figure plots gasoline prices for 44 countries. These are domestic consumer prices including all relevant taxes and come from a survey administered November 2012. I have excluded countries with fewer than 25 million people, but if you would like to see the complete list it is … Continue reading

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The MPG Illusion

It’s the beginning of summer, which means the beginning of driving season. Perhaps anticipating summer driving, many people bought new vehicles last month, putting automakers on track to have the best year since 2007. So, here’s a question, particularly for … Continue reading

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