Posted on 03/30/2022 8:35:12 AM PDT by deport
As U.S. gasoline prices hover near a 14-year high, the Biden administration is exploring ways to lower fuel costs, from suspending federal gas taxes to further tapping the nation's Strategic Petroleum Reserve.
Among the options the White House is examining for reining in gas prices are reopening the Strategic Petroleum Reserve, suspending the federal gas tax and offering incentives to oil producers to increase output, Stein said.
Treasury Secretary Janet Yellen has said she is open to suspending the federal gas tax on fuel. Democrats in the Senate have introduced legislation that would suspend the 18.5-cents-per-gallon tax for the rest of the year, although critics note that doing so would deplete the Highway Trust Fund, which pays for road maintenance. Several states have already eliminated their own state gas taxes.
(Excerpt) Read more at cbsnews.com ...
How about the obvious, morons?
Betray them? They are doing awesome right now. Nobody is more bullish on oil and gas than Joe Biden.
What do you suggest the pubies do? They are out of power!
That minor detail never seems to be a problem for the Commies, does it?
Here’s one: stop printing so much money! That’s what causes inflation, by definition.
Make ‘price gouging’ illegal./s Price controls always work, right?
Fair point!
I was thinking of Oil companies being unwilling to commit to CAPEX while a Dem is anywhere near power.
W
T
F?
Deranged Marxists at play.
1 - issue leases upon request
2 - issue drilling permits upoin request
3 - allow pipelines to be built - Keystone
4 - reign in EPA
5 - stay out of the way
NM is old chart, $4.49 over the weekend.
Shrink the definition of ‘gallon’ to about 8 ounces.
That will only work for about 4 days, however.
MD has a 30 day moratorium on gasoline prices right now.
Amid the dramatic price increases this year democrat defenders told us over and over the President has nothing to do with gas prices so how can we expect Biden to suddenly lower them?
Filed under see BS
The best way to lower gas prices.
VOTE DEMOCRATS OUT.
Vote them out.
Sell in liters.
Open the Key stone pipeline. 🙄
Open Keystone or GTFO.
Problem solved.
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