Letters to the Editor

This letter is associated with the following article:
Think Clinton's plan to suspend the gas tax temporarily is a bad idea? A similar measure in Illinois -- which Obama backed -- seems to have helped consumers.
  • Current circumstances are different

    At the present time, gasoline production is at maximum levels. This means that the market clearing price is the current price, including taxes. If the taxes are removed, producers can sell the same quantity of gasoline at the same price. Hence, prices should not fall significantly, unless producers reduce them for political reasons, i.e. to curry favor with the public and politicians.