The Trump administration is open to the possibility of temporarily suspending the gas tax to give Americans relief amid the fallout from the crisis in the Strait of Hormuz, according to Energy Secretary Chris Wright.
“We’re open to all ideas, everything has tradeoffs,” Wright told NBC’s “Meet the Press” on Sunday about the possibility of suspending the gas tax.
“All ideas to lower prices for American consumers and American businesses.”
Currently, the federal government imposes an 18.4-cent-per-gallon tax on gasoline — in addition to any state-level tax applied.
Wright didn’t elaborate on the tradeoffs of suspending the tax, which brings in roughly $36–$40 billion annually for the Highway Trust Fund, and hasn’t seen a rate change since the early 1990s.
Read Full Article Here
Trump admin open to pausing gas tax, Energy secretary says — here’s how much it would save drivers
- by: Ryan King
- 2026-05-10
- Source:
NY Post
- 05/11/2026
a man pumping gas into his car at a gas station by sippakorn yamkasikorn is licensed under Unsplash unsplash.com
