KOMANOFF: Skyrocketing Gas Prices Won’t Unjam U.S. Roads

Streetsblog
By Charles KomanoffMar 11, 2022, 5:00 am227 pts
Charles Komanoff The average U.S. price at the pump is around 50 percent higher than this time last year. Will that lead to a discernible pullback in the amount that Americans drive? I think not. Past price rises of that magnitude have led to only about a 4-percent immediate drop in gas consumption, mostly from…

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