Here's some interesting background information on the price of gas, and how the United States fits in among the world. Relative to other countries, gas in the United States is rather cheap (we're 45th cheapest in the world, by the article's admittedly crude measure), although the article points out that we're especially vulnerable because our land use policies require us to drive much more than those in many other countries.
The article also points out that in Britain, fuel consumption has remained static, and in France, it has actually dropped.
Read the article here.
Meanwhile, political blogger Joshua Marshall described the gas tax holiday silliness as a marshmallow in every pot. I certainly couldn't have said it better myself.
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