Gasoline Prices
Sunday, June 1st, 1997I am bemused by the recent spate of articles in both the Mercury News and the Chronicle bemoaning the fact that gasoline prices vary across California, and are generally higher in the Bay Area than in other parts of the state. The raw facts – which should be neither surprising nor of particular concern to anyone with even the most rudimentary understanding of free-market economics — have been veiled in mystery and innuendo, implying some vast oil company conspiracy and the specter of evil oil companies (gasp!) actually profiting from our addiction to automobility