The government giveth, and the government taketh away

By Megan McArdle

I agree with Kevin: forget playing with the gas tax, and focus on eliminating all the of the ridiculous direct subsidies to oil companies. I promise, they'll keep pumping the stuff anyway.

Update Alex Knapp had the original thought; forgot to link him too. Let me correct that error now.

This article available online at:

http://www.theatlantic.com/business/archive/2008/05/the-government-giveth-and-the-government-taketh-away/3388/