Anyone who has received the recent round of “Gas-Out” emails, please read below.
“A few years ago, March 2000 in fact, I came across an e-mail that was impossibly dumb. It called for a “Gas-Out.” The idea was to boycott gasoline for a few days. This action would drive the price of gas down, and at the same time, it would show “Big Oil” that if they tried to raise prices again, we’d hurt them…. If people want to protest high gas prices, there are things they can do. They can call for getting rid of gas taxes, for opening up drilling rights, for freely trading with all countries that supply oil, and for eliminating regulatory restraints on production. In short, they can call for a free market, the only means by which gas will end up being priced no more or less than it should be.”
Gas-Out Redux http://www.mises.org/story/1191
The Path to Lower Gas Prices: Free Trade http://www.mises.org/story/2008
Gas Prices Fact or Fiction: A Primer on Supply and Demand http://www.mises.org/story/1936