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	<title>tim o'brien photos &#187; gas consumption</title>
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		<title>Off-Topic: Why We Need a Tax Hike. Now.</title>
		<link>http://www.timobrienphotos.com/2008/12/off-topic-why-we-need-a-tax-hike-now/</link>
		<comments>http://www.timobrienphotos.com/2008/12/off-topic-why-we-need-a-tax-hike-now/#comments</comments>
		<pubDate>Tue, 30 Dec 2008 19:07:53 +0000</pubDate>
		<dc:creator>Tim</dc:creator>
				<category><![CDATA[in other news]]></category>
		<category><![CDATA[better mileage]]></category>
		<category><![CDATA[fuel efficient cars]]></category>
		<category><![CDATA[gas consumption]]></category>
		<category><![CDATA[ny times]]></category>
		<category><![CDATA[oil and gas prices]]></category>
		<category><![CDATA[tom friedman]]></category>

		<guid isPermaLink="false">http://www.timobrienphotos.com/?p=1380</guid>
		<description><![CDATA[Despite not being an economist, the NY Times&#8217; Tom Friedman makes good economic sense to me in his recent column, Win, Win, Win, Win, Win &#8230;. Speaking about falling oil and gas prices, Friedman had this to say: Which play? The one where gasoline prices go up, pressure rises for more fuel-efficient cars, then gasoline prices fall and the pressure for low-mileage vehicles vanishes, consumers stop buying those cars, the oil producers celebrate, we remain addicted to oil and prices gradually go up again, petro-dictators get rich, we lose. I’ve already seen this play three times in my life. Trust me: It always ends the same way — badly Friedman calls for a hike in the federal gas tax (or on oil itself, which would be broader and better). Implemented properly, this makes a great deal of sense to me. There are three good reasons for increasing the gas tax; global warming, terrorism and the federal budget. Higher gas prices mean less gas consumption, through less miles driven and better mileage. With the recent drop in gas prices, purchases of trucks and SUVs are predicted to outpace regular cars again. If we want to stop global warming, we need to [...]]]></description>
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