The Washington Post published an article Thursday arguing that gasoline prices aren’t actually very high despite “recent commentary” on the issue.
Rising gasoline prices are a consequence of inflation, which affects all sectors of the economy, Severin Borenstein, faculty director of the Haas School of Business’ Energy Institute at the University of California, Berkeley, wrote in the Post article. He added that the typical American has experienced wage increases that have accounted for gasoline price hikes.
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