What Congress should do now about gasoline prices

… Gasoline rationing and small car loan subsidies are measures intended to bring oil consumption for private transportation under predictable control and to encourage drivers to adopt small private vehicles. Gasoline rationing has been viewed as a last resort, but it is an essential step toward reducing oil consumption in a planned way while giving everyone an equal shot at gasoline regardless of her or his income.

A planned, progressive cutback in U.S. petroleum consumption through gasoline rationing could bring an immediate moderation in world oil prices.

Gasoline rationing would also be a major step in reducing exhaust gases that are causing global warming.

UPI