Econbrowser: MC on gas taxes and the president's plan...

Menzie Chinn over at Econbrowser has put together a thoughtful post on gas taxes, consumption, and the AEI. Seeing as how Bush is in CO at the NREL touting the AEI today, it seems worth a look.
The foregoing suggests that if the objective is to end oil addiction -- at least in my lifetime -- the current set of Administration plans will not achieve that goal.