[soonahonsefalh]

So if we raise the oil co. taxes, then we can eliminate the federal and state taxes at the pump right?

Surely a "libertarian" can't agree to allow the "government" to screw the people three and four times for the same item?

First, please don't try to slip in logical fallacy. Been there, done that, got a tee shirt. Eliminating a subsidy disguised as a tax credit is not "raising taxes"
Second, the two issues are unrelated.
No taxes are "good" and I in a perfect world would revert to user fees and consumption taxes across the board. Taxes on gas are discretionary, no one is compelled to pay them. They come very close to a user fee model. The problem is, they are supposed to be earmarked for transportation costs, and no one is sure if that actually happens