Sure. Every time the price shoots up a little higher, somebody has this sure fire find of a huge oil reserve right under our feet or abiotic oil or a water powered car. The reality is we are going to pay higher and higher prices for oil until we give it a competitor.
Here's the answer: repeal all gas tax, but add one: a $100/ barrel tariff on all imported oil.
Demanding that competitor while prohibiting extraction of current known oil reserves is one of our problems with energy. At $100/bbl for oil should intensify the R&D for oil’s alternative. Still, no real alternative is found. We need to free up our known resources for drilling, make Chavez and other world leaders get down on their knees.