According to research by UC Davis's Jonathan Hughes, Christopher Knittel and Daniel Sperling, Americans are now less responsive to increases in gas prices.
anyway people can carry on a conversation without getting emotional about it?!
Increase taxes on fossil fuel, lower taxes on income,
It's been proven that increasing the cost of fossil fuels has no effect on consumption of fossil fuels, people still need to travel and need electricity to warm and power their homes and computers and business. What will happen is that it will take money away from other things, people will cut back on discretionary spending and other things to help pay for their fuel. This obviously keeps a damper on the economy and prevents growth and eventually prevents new innovations.