More California dreamin'...clear skies, but how's business?
California's lawsuit against automakers isn't winning a lot of new friends over the the National Association of Manufacturers. At least they seem a little nonplussed about California's Economic Death Wish...But, not to worry -- it won't be that bad. As Jim pointed out earlier today, California is now debating a petroleum production tax, too. That's balanced policy-making California-style: Push cars and gas out of the state simultaneously. A true supply and demand solution.
Meanwhile, gas prices are down again. Could we reach a point where Proposition 87's supporters and opponents actually spend more campaigning for their positions than the tax itself could raise, if the price of crude keeps falling?
Energy Policy, California Energy Policy, Crude Oil Prices, Automobile Manufacturers
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