Gas Tax Holiday

Is it just me, or does the gas tax holiday make absolutely no sense. In order for a gas tax holiday to help anyone, gas prices would have to stay stable. Since there is nothing to stop gas companies, station owners, refineries, drillers, OPEC, etc. from raising prices to adjust for the gas tax reprieve, this will not save the consumer any money. All it will do is increase the national debt because money that is not collected from gas tax will have to be collected elsewhere.

Check out this graph of gas prices.

If you'd like to know more about how gas prices work, check out How Stuff Works.