Editorial Board

Oil Is Down. Gas Taxes Should Go Up.

The economic case for a gas tax hike is compelling, and Congress should be paying attention.
An opportunity at the pump.

Whenever the price of oil spikes, it's a sure bet that some U.S. politicians will propose another gas tax holiday. So now that oil has fallen below $85 a barrel, and with America's highways and mass-transit systems starved for funding, is anyone in Washington sensibly calling for a gas tax increase?

To continue reading this article you must be a Bloomberg Professional Service Subscriber.