The political vision of a summer gas tax holiday died a quick death in Congress, losing to a view that federal excise taxes on gasoline and diesel fuel will have to go up if they go anywhere. A gas price sign is shown in McKinney, Texas, Friday, July 18, 2008. Prices at the pump backed away from record highs as oil futures edged up Friday, but crude's gains were modest in comparison to the spectacular three-day drop earlier in the week. The political vision of a summer gas tax holiday died a quick death in Congress, losing to a view that federal excise taxes on gasoline and diesel fuel will have to go up if they go anywhere. The sun peers over an American flag at a Mobil Station in Andover, Mass., Wednesday, July 16, 2008. Consumer prices shot up in June at the second fastest pace in 26 years with two-thirds of the surge blamed on soaring energy prices. Energy prices rocketed upward by 6.6 percent, reflecting big gains for gasoline, home heating oil and natural gas. ADVANCE FOR SATURDAY, JULY 19; U.S. map shows state by state breakdown of projected highway-related jobs loss if the gas tax is suspended; 2c x 3 3/8 inches; 96.3 mm x 85.7 mm ...
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The political vision of a summer gas tax holiday died a quick death in Congress, losing to a view that federal excise taxes on gasoline and diesel fuel will have to go up if they go anywhere. A gas price sign is shown in McKinney, Texas, Friday, July 18, 2008. Prices at the pump backed away from record highs as oil futures edged up Friday, but crude's gains were modest in comparison to the spectacular three-day drop earlier in the week. The political vision of a summer gas tax holiday died a quick death in Congress, losing to a view that federal excise taxes on gasoline and diesel fuel will have to go up if they go anywhere. The sun peers over an American flag at a Mobil Station in Andover, Mass., Wednesday, July 16, 2008. Consumer prices shot up in June at the second fastest pace in 26 years with two-thirds of the surge blamed on soaring energy prices. Energy prices rocketed upward by 6.6 percent, reflecting big gains for gasoline, home heating oil and natural gas. ADVANCE FOR SATURDAY, JULY 19; U.S. map shows state by state breakdown of projected highway-related jobs loss if the gas tax is suspended; 2c x 3 3/8 inches; 96.3 mm x 85.7 mm ...