John Lott's Website: Hawaii Repeals Gasoline Price Controls Conceding that they Actually Cost Customers Money

4/01/2006

Hawaii Repeals Gasoline Price Controls Conceding that they Actually Cost Customers Money

Fox News has a nice report on how gasoline price controls actually cost customers money. I had always thought that the fear of price controls would prevent firms from lowering prices. This case provides one example where that occurred.

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