A New Gas Cap?

It seems that Congressman Maurice Hinchey (D 22nd District New York) is in the process of drafting a bill that will impose a temporary gas cap, setting prices at the pump at $2.49 per gallon. Here are a few links:

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On the surface this may seem link a welcome relief, but anyone who lived through the gas caps in the 70's can probably remember the long lines, and the gas shortages. There are definitely problems associated with such a move. I admit to not having researched this fully yet, but wiser minds than mine are more than welcome to comment here on why gas caps are not always the greatest idea.

Kinda sounds a bit like a typical political power play. The Dems propose it, knowing its potential harm, (but its instant appeal to the over-burdened public) and use it against the POTUS if he vetos, or blame him for the inevitable problems that come if he approves it.

I don't know. You are welcome to throw your $2.49 in.....

Thats all for now.....

Derius