I've been talking about this with some folks over the past few months and am happy to see @severinborenstein.bsky.social write it up so well.
For many places, the status quo is subsidized insurance: taxes ⬇️ when price ⬆️, but not the reverse.
energyathaas.wordpress.com/2026/05/18/n...
Spiking petroleum prices from Iran’s closure of the Strait of Hormuz have infuriated politicians across the US and across the political spectrum. There is nothing state or local politicians can do…
