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Wednesday, June 18, 2008 12:00 AM

Gas prices and offshore drilling

Not much is at stake on Election Day 2008. Just the long-term health of the global economy and the future of the planet. That's what the offshore drilling debate is all about.

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  • Wednesday, June 18, 2008 05:57 PM

    the obvious solution

    this debate is so mindless, either drill more or conserve more. why not both? the obviously right thing to do is to combine opening everywhere to drilling with a $1/gallon gasoline tax. the combination of those 2 would probably make gas prices fall enough to pay for the $1/gallon, with most of the difference being paid by the saudis, ie the incidence of a higher gasoline tax would fall in large part on foreigners since the US imports a majority of its oil. plus, putting such a floor on gas prices will keep incentivizing people to live closer to where they work/take public transport/and develop new technologies. plus it helps our economy with more drilling jobs and a lower trade deficit. that is the truly "conservative" solution, not the either/or choice that this author and other ideologues continually offer.

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