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In 1993, the Dow Jones industrial average was still well under 4,000, the best-selling car in the country was the Ford Taurus, and the average cost of a Major League Baseball ticket was under $10. That was also the year that Congress last raised the federal tax on gasoline. Read more»

An oil rig in Midland, Tex.

Three weeks ago, the Senate rejected a proposal to eliminate about $35 billion in tax subsidies to oil companies as millions of gallons of oil spewed into the Gulf of Mexico. Read more»