William F. Shughart II is a Senior Fellow at the Independent Institute, the J. Fish Smith Professor in Public Choice at Utah State University, past President of the Southern Economic Association, and editor of the Independent book, Taxing Choice.
If you wonder why prices at the gas pump have been climbing recently and are expected to continue to climb, look no further than the sharp drop in crude oil production in Venezuela, the Saudi Arabia of the Americas.
Counting its huge tar-sands...
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