One solution to the (temporarily) out of control gasoline prices: Congress and the state legislatures should immediately pass bills suspending taxes on gasoline. The lost revenue should be categorized as disaster relief spending.
For example, in Louisiana, the state gas tax is 20c/gal. The federal tax is 18.4 c/gal, for a total of 38.4c/gal. (Source: http://www.gaspricewatch.com)
Update: The IRS has reduced the tax on diesel ful, by allowing commercial uses to buy "duty free" diesel intended for farmers and government vehicles. Story here.
Suspend Gas Taxes
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