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2008-05-10 — blogspot.com
"If the stated goal of government policy is energy conservation, energy independence and the development of alternative sources of energy, lowering the price of gasoline -- waiving the 18.4 cent-a-gallon federal excise tax for even three months -- is counterproductive. The demand curve is downward sloping, which is a fancy way of saying that at a lower price consumers demand more."
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