The current high prices for oil and gas gives us a great opportunity. They focus the minds of Americans on the great problems in the world today.
The American People will make great sacrifices to achieve a Goal, but will not tolerate meaningless hardship. The currently high prices are meaningless. They represent nothing more than the fluctuations of supply and demand, instability and war.
President Bush should turn this around. He should announce that gas prices will never come back down: that we will never subsidize Oil-Tyrants again. He should do this with a new federal gas tax, which will floor the price of gas at five dollars per gallon.
This money should not go to the general treasury. Instead, it should be immediately divided evenly given to heads of household as a monthly check. Immediately, this would make those who consume a lot of gas (and thus support the destructive policies of Iran, Saudi Arabia, and Venezuela) subsidize those who do not so contribute to geopolitical instability. Better, it would encourage the economy to swiftly move to other sources of motor power.