You can tell it's an election year by recent congressional responses to
high gas prices: Senate Republicans want to provide a $100 rebate to
offset rising prices to taxpayers and a Senate Democrat is seeking to
rescind the federal gas tax for 60 days.
Neither solution is notable except for the extent to which it panders
to motorists who are paying high gas prices at the pump, and who also may
vote. Since the federal gas tax supports mass transit and road building
projects, a moratorium on the 18-cent per gallon tax would only have a
negative effect on those federally assisted programs.
And a $100 rebate presumably would add billions to the ever-rising
national deficit, while addressing nothing more substantive than the
consumers' temporary pain at the pump. Long-term solutions are
required.
The Republican bill also includes a provision to open up Alaska's
Arctic National Wildlife Refuge for oil exploration, a highly
controversial proposal that could doom the rebate plan, which should fail
on its own lack of merits.
The rising price of fuel also has renewed interest in exploratory
drilling off the Atlantic coast, banned under a federal moratorium since
1981. A bill backed by most of the state's congressional delegation would
allow states to decide whether to permit exploratory drilling. The state
should view such a proposal with extreme wariness.
Gov. Mark Sanford takes the correct position that South Carolina should
be reluctant to endorse an activity offshore that could damage tourism,
the state's most important industry. Gov. Sanford's call for more
attention to alternative energy is shared by Rep. James Clyburn,
D-S.C.
Giving states authority over offshore drilling ignores the fact that
any environmental problems that result won't be confined to the shoreline
of a single state or to the marine resources that are generally shared.
As columnist Deborah Saunders wrote on our Commentary page, there
appears to be sentiment for removing tax breaks to the oil industry (which
the industry acknowledged it no longer needed in recent congressional
testimony) and for price-gouging inquiries. The intense flurry of
populist, politically fueled solutions demonstrates the absence of a
coherent, comprehensive energy policy.