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Thu, Aug 28 2008 

Published May 12, 2008 10:30 am -

Motorists may get a break



John McCain and Hillary Clinton want to suspend the 18.4 cents a gallon federal gasoline tax from Memorial Day to Labor Day, according to The Associated Press.

With the price at the pump headed toward $4 a gallon, that would be nice.

But it wouldn't get to the root of the problem – and by providing a little temporary relief, might actually impede corrective actions.

The problem is supply and demand. Not enough domestic oil is being drilled. And people use too much gasoline - in most cases, because they drive big trucks instead of small cars.

Allow more domestic oil drilling. Encourage new refineries. Put in fuel efficiency standards.

Or maybe impose a stiff new tax on gas-guzzlers – and give the money to those who buy small hybrids.

Much can be done, yet Congress does nothing.



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