LONDON — Oil prices rose on Thursday, extending a rally caused by a larger-than-expected drop in US energy stockpiles, traders said. New York’s main futures contract, light sweet crude for delivery in February, rose 37 cents to 77.04 dollars a barrel. Brent North Sea crude for February delivery gained 25…
What I don’t get about the movement to tax soda is that the price of soda is generally artificially low because we subsidize the sweeteners that sodas use. The government’s raising the price of the thing it lowered the price of to begin with, and losing more money in the…