In fact, liberals basically don’t see much wrong with $5 gas. Many have been urging a tax to achieve precisely this level, just like Europe has done for decades.
Obama said that he was unhappy that there was not a period of “gradual adjustment” to the high prices, but seems to shed few tears over the current levels. After all, if your imperative is climate change, a high gas price is worth 10 times a ratified Kyoto treaty in bringing about change.
Dick Morris - July 15, 2008