Gas Taxes: Lesser Evil, Greater Good

Posted on October 25, 2005. Filed under: Peak Oil & the End of Cheap Fossil Fuel |

A New York Times editorial from October 24:


There’s no serious disagreement that two major crises of our time are terrorism and global warming. And there’s no disputing that America’s oil consumption fosters both….

Now, however, the energy risks so apparent in the aftermath of Hurricane Katrina have created both the urgency and the political opportunity for the nation’s leaders to respond appropriately….

The best solution is to increase the federal gasoline tax, in order to keep the price of gas near its post-Katrina highs of $3-plus a gallon.

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