That would be a household budget buster for all but the multimillionaires in society. People like the Kennedys and Rockefellers in society pay zero in inheritance or death taxes and very, very little in income tax. They write the tax laws, after all, so it's no surprise the tax laws favor them and their buddies. We have much more oil in this country than we can use in a few hundred years. But, drilling all that new oil would drive the oil price down and big oil would not profit as much.
Governments also profit because they are realizing a windfall in new sales taxes.
In fact, most everyone profits from higher prices at the pumps except the consumer. We must also remember that, a few months ago, both Clinton and Gore told members of OPEC that they could and should cut the flow of oil to drive the price to the consumer up. Gore, of course, wants consumption drastically cut. So, now comes the inflation. It would also be a major blow to the self-perceived credibility ego of their liberal supporters in major media.