Seventeen states are raising the gas tax. Wyoming increased its gas tax from 14 cents a gallon to 24 cents a gallon. Big trucks are switching to natural gas.

Given the information in Eye on the Price of Gasoline on p. 121 and assuming that the supply of gasoline is elastic, who will pay more of the increase in Wyoming’s gas tax: the drivers or the gasoline companies? How will a big switch to natural gas change your answer?