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		<title>Inelasticity?  It&#039;s a Stretch</title>
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		<pubDate>Fri, 18 Nov 2005 09:51:00 +0000</pubDate>
		<description><![CDATA[Rising gas prices stem consumption, but by how much? | It may come as a bit of a surprise:&nbsp; despite rising gas prices over the past few years, total consumption of highway fuels in the US has actually increased, rather than fallen.&nbsp; Some have seized on this phenomenon&#8212;prices and consumption rising in tandem&#8212;to suggest that changes in gas prices have no discernible effect on how much gas we actually use.&nbsp; The idea that gas prices have no effect on consumption...]]></description>
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