Tolbert
2008-04-18 07:06:08
Suspension of the gas tax is a spectactularly bad idea.
The day after the tax is suspended the price of gasoline would remain the same as traders would have the excuse to push crude even higher on “demand” excuses.
The only answer to high energy prices is to open up more land and off-shore to drilling as well as converting coal to gas via Fischer-Tropsch.
Ain’t going to happen though and instead we will get the same sort of stupid policies out of Washington that encourages converting food to fuel due with insane ethanol production subsidies.
