16 Nov 2010, 10:24am
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What’s ahead for gas prices, taxes and roads


You’ll likely pay more than $3 a gallon for gas next spring.

But you’ll probably keep paying the same 18 cents per gallon federal gas tax — which has lost more than a third of its purchasing power since it was last raised in 1993.

The roads you drive on will get worse. Transit will face ongoing challenges. 

That’s what appears in the fog ahead as Republicans take back the U.S. House amid the worst financial crisis since the Great Depression. Feeding voter sentiments are widespread fears about rampant spending and taxing.

Incoming Transportation Committee Chairman John Mica of Florida told reporters last week that the gas tax will go nowhere — which mirror’s President Obama’s position — and that he wants to reconsider recent high-speed rail grants.

But Mica also said he’ll grab hold of a stalled $500 billion six-year transportation reauthorization bill, now a year overdue, and work to push it through. The bill is twice as much as the 2005 law and twice as much as what the gas tax will bring in.

Even so, the massive bill still falls some $150 billion short of just being able to maintain what we have, indicates a report headed by two former U.S. transportation secretaries. And that’s just the federal gap — states and local entities have holes too.

We are facing an “elegant degradation” of our transportation system, the report warns. It will be slow, sure and very costly.     




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