Re: Gas prices

[Max Sawicky]

Our resident enviro economist Jim Barrett says it is supply
problems in the U.S. -- failure to maintain refinery and pipeline
capacity.  The regulatory component is about five cents to the
gallon.

mbs

A former student who is now in Congress wants me to tell him why gas
prices are high.  Do you have any inputs that I should pass on?

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]