Gasoline Tax

Paper Summary:

In this article, the writer argues in favor of a gasoline tax increase in order to keep billions of dollars of U.S. oil money out of the pockets of tyrannical, Islamic extremist oil-exporting countries. The writer notes that that the world will soon be battling it out for the last reserves of cheap oil, not necessarily on the battlefield but more likely on the economic/political front. Further, the writer argues that the installation of a new gasoline tax would force US automakers to innovate toward renewable fuels and stop depending on cheap oil from less-than-friendly regimes and would provide the United States with the luxury to withdraw from the competition for cheap oil and thus begin the march toward true energy independence.

Outline:
Audience
The Gasoline Tax: A New Beginning for America
Annotated Bibliography

From the Paper:

"Another compelling reason to increase the gasoline tax has much to do with weaning the US from its oil addiction as soon as possible, due to the growing worldwide demand for gasoline and oil products. As reported in a press release by ConocoPhillips, the consumption of oil is growing around the world, especially in rapidly-developing countries like China and India. One example of this trend is that global demand grew by 3.2 % in 2004, i.e. some 100 million gallons a day, and was expected to climb in 2005. Furthermore, the US demand has decreased as compared to the demand in developing nations, yet gasoline consumption reached a record high in August of 2005. Thus, the United States still consumes more gasoline than any other country in the world."

Sample of Sources Used:

• Friedman, Thomas L. "State of the Union." New York Times. 27 January, 2006. Internet.http://select.nytimes.com/search/restricted/article?res=F00817FC3A5B0C748EDDA80894DE404482. (In this article, Friedman offers advice toward President Bush as to what he should say about the future energy plans of the United States).
• ---. "Whose Afraid of a Gas Tax?" New York Times. 1 March, 2006. Internet. http://select.nytimes.com/search/restricted/article?res=FB0E11FE3E5A0C738DDDAB0894DE404482. (In this article, Friedman argues that to stimulate the American public and U.S. auto manufacturers toward buying and building hybrid vehicles, a gasoline tax would be the best solution).
• "Driving Toward Middle East Nukes in Our SUV's." New York Times. 10 February,2006. Internet. http://select.nytimes.com/search/restricted/article?res=FB0E1FF73D550C728CDDAA0894DE404482. (In this article, Friedman argues that by depending on foreign oil the U.S. is indirectly supporting regimes that want to harm the US).
• Hughes, Sandra. "States Mull Taxing Drivers By Mile." 14 February, 2005. Internet.http://www.cbsnews.com/stories/2005/02/14/eveningnews/main674120.shtml. (A report regarding some states that are considering taxing motorist by the amount of miles they drive).
• "News Release, 2005." Internet. http://www.conocophillips.com/newsroom/other_resources/energyanswers/gasoline.htm. (A description of what affects oil market prices, such as geopolitical uncertainties, demand, production capacity, and other disruptions of the oil supply).

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