I would love if we could use this crisis to get investment in renewables and EVs/batteries.
I could see Congress passing an emergency subsidy before the election if gas stays above $4 especially if it rises above $5. I would hope we can spend an equal amount or more for longer term 'green' investment, regardless of what happens.
IMHO we do need those high prices to discourage driving. It is after all probably closer to the true cost with externalities of global warming. Could spur more investment in renewables too if done right.
BUT would need to help lower earners during transition or will just get pummeled in the election and Republicans will do the opposite of what's needed on climate.
I personally think most equitable solution would probably be raise corporate rate back up a bit + on very high earners/get rid of some wealthy deductions.
Then do something akin to the child tax credit mailed out each month for maybe <50k households. An energy credit. Scale up slightly if have a bunch of kids.