Matt Randolph

Hey, Matt, how are you?

Sure.

Yeah.

Today, the president announced that he wants this gas tax holiday.

This was something that came up in 22.

And one thing I noticed immediately was that a lot of the folks that were against this in 2022 are suddenly big fans of it.

I heard Mike Lee come out today and he suddenly wants to get rid of the federal gas tax program.

permanently in 2022.

He called it every name in the book.

I was just curious, because I opposed it in 22 and now.

Honestly, it's one of those things that I don't think it's the end of the world if it passes.

It's not something I'm passionate about.

I just believe in letting the markets do what they will.

And I think this sort of extends things that don't need to be extended.

But I just wanted to get your thoughts on the gas tax and how you look at that and how you feel about it, honestly.

I'm glad you said that because to me, it will only increase demand.

You need demand destruction in that market.

Like the cure for high prices is the high prices.

People buy less, that brings up the supply, it lowers the price.

In addition to that, I think it's largely psychological, and it's also meant to improve polling numbers.