Demagoguing on Gas Prices

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


Over at Tapped, Matt Yglesias argues that the Democrats are doing the smart thing politically by proposing some ludicrous bill to lower gas prices this summer that Republicans will be forced to vote against. Maybe he’s right. At the same time, there’s a rather big dilemma here.

Oil prices are in all likelihood going to continue rising from now until whenever the oil runs out. And what’s more, higher oil prices are, all things considered, a good thing—they’ll spur people to use less gas and give everyone incentives to find alternatives to our oil-based economy that’s literally burning up the earth. From that perspective, oil prices should actually be higher than they are now. Much higher. Ideally, Congress would levy gas taxes on everyone to hasten this process along, especially since we don’t have a whole heap of time left before the carbon concentration levels in the atmosphere become irreversible.

But no one’s proposing any such thing—because it’s political suicide. And it’s political suicide because the main narrative in Congress is that gas prices are somehow “too high,” that they “should” be lower, and that it’s somehow within Congress’ power to make them lower (it’s not). And that’s the main narrative because it’s always the “smart thing” politically to demagogue on this issue. Is this cycle somehow going to end if and when Democrats ever retake Congress? Probably not. Back in 1993 Democrats passed a 4-cent-per-gallon gasoline tax and… promptly lost power. Meanwhile…

Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

payment methods

Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate