Quote of the Day

“There are many, many reasons why we do not want the price of gasoline to go up.  We want it to go down.”

– Energy Secretary Steven Chu, reversing his quote from 2008 about the need to “boost the price of gasoline to the levels in Europe” to encourage energy efficiency.

Considering that gas prices in Europe average around $5 per gallon, that may not be such a good idea.

 

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