In the latest episode of AEI’s podcast, Banter, we sit down AEI scholar Mark Perry to talk energy. Mark, who blogs regularly on a variety of economic topics, discusses the role of oil speculators and why they often get more blame for gas prices than they should. We discuss why gas prices are beginning to fall, what are the costs involved in a dollar at the pump, and the difference between gas prices and onion prices (you might be surprised). We also talk about the recent natural gas boom in the US, hydraulic fracturing, and the role public policy plays in energy production. Plus, Andrew admits that his working knowledge of energy issues comes mostly from the Simpsons.
Banter #54: The One About Gas Prices
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