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Tuesday, July 3, 2007 12:00 AM

Hip, hip, CAFE!

Some Dems celebrate a new Senate bill to boost gas mileage. But it's premature to toast the end of our high-octane bender.

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  • Monday, July 2, 2007 08:20 PM

    Cheaper Driving, Driving More

    The canard about lowering the cost of driving increasing the amount of driving doesn't hold water. Demand for gasoline is highly inelastic.

    I think most people simply don't have more time to spend in their cars, even if driving were free. I certainly don't.

    I think the feebate idea is much better than the CAFE standard; I would be quite pleased to drive a Honda Insight while getting thousands of dollars a year in transfer payments from Hummer owners.

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