Brad DeLong on the politics of gas prices … Brad DeLong’s Semi-Daily Journal: Covering the Economy: Gasoline Prices
“Democrats are (because of the environmentalist wing of the party) generally in favor of higher gasoline taxes and higher gasoline prices–except when gasoline prices are high). Republicans are in favor of letting oil markets “work”–except when gasoline prices are high.” — Brad DeLong (whose economic history class I was in for a couple of weeks during Graduate school.)