Barack Obama isn’t right about very much, but he’s correct to say that the McCain/Clinton idea of a gas tax holiday is a bad idea, not least, I suspect, because it would probably have little impact on the price at the pump.
Then, as Ron Bailey notes over at Reason, there’s this:
Don’t both senators [Clinton and McCain] support imposing a cap-and-trade market on carbon emissions to combat man-made global warming? In a Washington Post op/ed last year, two RAND researchers calculated that a relatively modest $30 per ton of carbon price would boost gasoline prices by 35 cents per gallon (and household electricity bills by 20 to 30 percent).
Ooops.