April 17, 2011

Fuel Standards: Best Remedy for Gas Prices

Becker & Gerstenzang, Los Angeles Times


AP Photo

There is no magic wand that will bring down the price of gasoline, which has once again crossed the $4 mark in California. But there is a long-term solution that will inoculate us from higher costs in the future.

The Obama administration can't do much to lower the price of a gallon of gas, but it is on the cusp of a crucial decision that could help consumers come out ahead because they would need less gas.

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Related Topics: gas prices