Saturday, April 19, 2008

How to reduce the price of gas

The quickest way to reduce the price of gasoline is to stop driving. Unfortunately, too many people would rather drive than take the bus. The next quickest way is to price gas in liters. Just think, the current $3.459/gal. in Duluth could become $0.909/liter.

This has the added benefit of making comparison with other countries easier. One would only have to convert euros or yen or whatever to dollars instead of first converting liters to gallons and then currency to dollars.

A third benefit, probably short-lived, is that gas would once again be below $1.00 per unit.