[TChris]

I think it is a good idea. Until we wean ourselves off the Saudi teat, we're playing their game.

Surely you jest. Current fuel prices are not the result of Middle Eastern oil supplies nearly so much as they are the result of the shortage of refining capacity in the USA. We have about 50% of the peak US refinery count still running, thanks to oppressive environmental regulations and legal hurdles. The game we're playing isn't the Saudi game, it's the American environmentalist game.

Higher taxes are simply higher taxes. They are funneled into yet another wasteful bureaucracy or pork barrel project. Bad economics and bad policy.

[paulcox1978]

Current fuel prices are not the result of Middle Eastern oil supplies nearly so much as they are the result of the shortage of refining capacity in the USA. Nonsense. Current fuel prices have to do squarely with increased worldwide demand, most notably from China.