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Gas price panic.(Indicators)(Brief Article)

The American Enterprise

| March 01, 2005 | COPYRIGHT 2005 The American Enterprise, a national magazine of politics, business and culture (TEAmag.com). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

For a while last year, regular gasoline prices topped $2 per gallon at many American gas stations. Amidst much rumbling from politicians, and conspiracy mongering from oil-company haters, prices crested and then retreated during the fall.

But even at their peak, gas prices were much lower than the levels of 20 years ago--when adjusted for ...

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Source: HighBeam Research, Gas price panic.(Indicators)(Brief Article)