US President Biden is considering taking a gas tax break amid high prices.
As US consumers feel the rising cost of energy, the Biden administration is struggling to find a solution.
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According to the American Automobile Association (AAA), given the rising price of gasoline or gas – which is currently averaging ڈالر 4.98 per gallon ($ 1.32 per liter) in the United States – US President Joe Biden has said that federal Vacation can be issued. On petrol tax
The temporary suspension or reduction of the tax, which Biden said he was considering Monday, could save American drivers about 18.4 cents per gallon.
“Yes, I’m considering it,” Biden told reporters after a walk on the beach near his vacation home in Delaware. “I hope the decision is based on the data – I’m looking forward to the weekend.”
Gasoline prices have risen since Russia’s invasion of Ukraine earlier this year, and critics say oil companies are raising prices to skyrocket profits.
President Biden has made that argument himself, and has said that members of his team will meet with leaders of several oil companies this week to discuss rising prices. “I want to explain why they are not refining the oil,” Biden said.
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