Last September, Hawaii instituted a so-called cap on gasoline prices, and now has the highest gas prices in the country.
As the oil industry pointed out at the time, setting a cap on gasoline prices would threaten the supply of gasoline for the island and thus cause prices to rise.
WorldNetDaily reports on the impact of the gas price cap. When it went into effect, Hawaii’s gas prices were 44 cents above the national average. They are now 50 cents
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