CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts

Survey: Half could support higher gas tax

Also shows broad support for other measures to promote conservation, develop alternatives.

By Steve Hargreaves, CNNMoney.com staff writer

NEW YORK (CNNMoney.com) -- More than half of Americans would support higher gasoline taxes if the money went to research into alternative fuels, according to a survey released Wednesday.

The question in the survey, which was sponsored by the conservation-minded Civil Society Institute, didn't specify how high the theoretical tax increase would be.

But the survey appeared to indicate broad support for a variety of methods to conserve fuel and promote alternatives fuels.

Sixty-seven percent of those surveyed said the government should raise fuel efficiency standards.

Half the respondents said they would definitely or probably cut back on personal spending or summer travel if gas prices reach $3.50 a gallon. Seventy-two percent think prices will get that high.

With nationwide average prices already near $3 a gallon, demand for gasoline continues to grow in the United States. Up until this week, demand was actually growing faster than usual, according to the Energy Information Agency.

Eighty-three percent of survey respondents also believe they are being gouged at the gas pump.

Several federal investigations over the past few years have failed to turn up evidence of actual price fixing, and state investigations have only found limited instances of price gouging.

Seventy percent said they would back a windfall profits tax for oil companies if the money is used to fund research into alternative fuels. Seventy-eight percent said the government should spend more researching alternatives.

"You can pick up on a real sense of frustration in this survey," Pam Solo, president of the Civil Society Institute, said on a conference call. "Americans just don't see Washington getting the job done."  Top of page

Sponsors
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.