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Larry asks if I believe that gas prices are going to stay this low. I think gas prices staying this low have about the same chances as a freak San Diego snowstorm hitting tomorrow. It’s not going to happen. But I also think we’ll have a bit of a break before they bounce back up to the $4.00 plus a gallon we were seeing earlier this year. So I agree with Jason and Watcher that this might be the best opportunity we’ve had in a long time to talk about either an increase in the gas tax or some sort of carbon tax, and I hope that our elected officials have the political courage to do it.
It wouldn’t have to be a huge tax — maybe 10 or 15 cents a gallon, but it would sure provide some badly needed revenue for retooling our transportation system for the next 100 years. After feeling the pain of gas at $4.00 a gallon this summer, gas at $2.50 or so doesn’t seem so bad to me, especially if I knew that the tax dollars were going toward projects that would allow me to avoid driving at all in the future. But maybe I’m the only one. So far I’m still employed but I know many others are really tightening their belts. Let me know what you think — would $2.50 per gallon gas be a financial strain? Would it ruin the economy (worse than it already is)? Would we really tar and feather our elected officials if they suggested such a thing?