President Bush announced a series of short-term steps on Tuesday intended to ease the rise in energy prices, including a suspension of government purchases to refill the Strategic Petroleum Reserve, a relaxation of environmental rules for the formulation of gasoline and investigations into possible price gouging and price fixing. (New York Times, Wednesday)
De-regulate, de-tax, de-subsidize.
FEE Timely Classic
Business-Government Collusion by Eric-Charles Banfield