Friday, November 11, 2005

Thank God for $3.50 gasoline

Thank God for $3.50 gasoline

Charles Krauthammer has a radical solution for energy independence:

Put a floor at $3. Every penny that the price goes under $3 should be recaptured in a federal gas tax so that Americans pay $3 at the pump no matter how low the world price goes.

Why is this a good idea? It is the simplest way to induce conservation. People will alter their buying habits.


I don't agree with every word of the column - he also makes a pitch for ANWR drilling - but it's not only the simplest way to get people to conserve, it's the ONLY way.

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