Arnold Kling’s Energy Policy for Idiots is his attempt “to explain elementary economics to the most poorly-educated segment of our society, meaning people like Energy Secretary Bodman, Senator Bill Frist, Lou Dobbs, and Bill O’Reilly.”:
Who would benefit from a short-term suspension of the 18.4-cent-per-gallon retail gasoline tax? Probably not the American consumer. The biggest beneficiary might be Iran.