Of course, he does...so he can force all that “green” krap down our throats.
Hey, when gas is $8 a gallon, almost all alternatives are “viable”. Especially bicycles.
But to get serious for a second, a positive side effect would be the explosion of telecommuting. I am fascinated by the I-90 floating bridge at rush hour. Thousands and thousands of cars clogging the road going BOTH WAYS during the morning and evening commute. $8 gas might cull the herd.