Gas prices are too low. There. I said it. Even when they peak this summer, as most analysts predict, they will be too low. And they're too low in large part because gas is woefully undertaxed in this countrya state of affairs that is bad for the economy, bad for drivers and bad for our foreign policy. In fact, one of the simplest and best things any Administration could do right now would be to add a buck per gallon to the federal gas tax, which is currently just 18.4ยข. Now that I have alienated almost every reader of this column,...
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