First was this picture in the San Francisco Chronicle, of a ‘Pray-in at San Francisco gas station asks God to lower prices’. I almost choked!
Then came Hillary Clinton and John McCain‘s joint request for a “gas tax holiday“:
Hillary will impose a windfall profits tax on oil companies and use the money to temporarily suspend the 18.4 cent per gallon federal gas tax and the 24.4 cent per gallon diesel tax during the upcoming peak summer driving months.
I understand Hillary is trying really hard to get elected, but still . . .
I have to join Thomas Friedman in his ‘Dumb as we wanna be‘ lament:
The McCain-Clinton proposal is a reminder to me that the biggest energy crisis we have in our country today is the energy to be serious – the energy to do big things in a sustained, focused and intelligent way. We are in the midst of a national political brownout.
At the roots of this environmental policy fiasco is a lack of understanding of some basic economics principles, and malicious efforts on the part of politicians to appeal to the crowds’ dumbness. Maybe someone should take the time to explain, in plain English, why artificially lowering gas prices is not such a good idea. Robert Reich summarized it best:
McCain and HRC are proposing a tax holiday on gas – so this summer you wouldn’t pay the 18 cents a gallon that would otherwise go to Uncle Sam. Talk about dumb ideas. This will only encourage Americans to drive more, thereby increasing demand and causing gas prices to rise even higher. Driving more will also put more carbon dioxide into the atmosphere, which fuels global warming. And this will cost taxpayers some $10 billion. It’s a cheap political gimmick that does nothing to stem the rising price of oil.
Someone needs to sit down with Americans, and treat them as intelligent people, and explain how things really work. The answer is not in lowering gas prices. The real solution is in conservation, and learning new ways to deal with gas, as in carpooling, driving less, biking, walking, taking public transportation, shopping less, better planning, living more locally, buying more fuel efficient cars, etc.