Thomas Friedman on $4 per Gallon Gas
Thursday, May 29th, 2008According to Friedman, $4 per gallon is the new price floor for gas and we all need to get used to it. There are no short-term fixes and with increasing demand from the developing world, demand is outpacing supply so it’s just not practical to expect that gas prices will ever return to “normal”.
Friedman also calls the recent Chrysler promotion for subsidized gas reckless and likens it to offering discounted cigarettes to teenagers. Even better, Tim Shriver, Chairman of the Special Olympics wrote: “So Dodge wants to sell you a car you don’t really want to buy, that is not fuel-efficient, will further damage our environment, and will further subsidize oil states, some of which are on the other side of the wars we’re currently fighting. … The planet be damned, the troops be forgotten, the economy be ignored: buy a Dodge.”
Story from The New York Times










