Gas could hit $8 a gallon

If a bill that comes out of Congress in June ever passes and is signed into law, then a new federal bureaucracy would be formed to manage the complicated new tax called cap & trade.  This would be all to pacify the Global Warming pessimists here and abroad. And then to drastically raise taxes on gasoline. Can you say five to eight dollars a gallon? Does that sound like a plan to you?  I certainly don’t think so.

(more…)