No Result
View All Result
  • Login
Tuesday, June 23, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Markets

Energy Secretary Says Trump ‘Open’ to Pausing Gas Tax Amid Climbing Prices

by theadvisertimes.com
1 month ago
in Markets
Reading Time: 1 min read
A A
0
Energy Secretary Says Trump ‘Open’ to Pausing Gas Tax Amid Climbing Prices
Share on FacebookShare on TwitterShare on LInkedIn


Energy Secretary Chris Wright said the Trump administration is open to suspending the federal gas tax to lower costs for American consumers amid the war in Iran.

“All measures that can be taken to lower the price at the pump and lower the prices for Americans, this administration is in support of,” Wright said during a May 10 appearance on NBC’s “Meet the Press” after being asked about pausing the gas tax.

The national average gas price rose last week to $4.55 a gallon, according to AAA. Gas prices haven’t risen this high since 2022, when the national average reached $5.01.

The federal gas tax is about 18 cents per gallon, and 24 cents per gallon for diesel fuel.

Wright refused to predict whether gas prices would spike above $5 a gallon this year.

“I don’t know the future of gas prices,” he told moderator Kristen Welker when pressed about whether gas prices could rise more in the coming weeks.

During a March appearance on “Meet the Press,” Wright previously told Welker there was a “good chance” consumers would see $3 gas before the summer. In the May 10 appearance, he hedged on those claims, saying he couldn’t “make any predictions.”

“When we start to get free flow of traffic through the Strait of Hormuz, energy prices will come down,” he said.



Source link

Tags: ClimbingenergygasOpenpausingPricesSecretarytaxTrump
ShareTweetShare
Previous Post

Chocolate Bar Salmonella Recall Expands to All Products

Next Post

Mexican cartel armed with powerful weapons and explosives launched from drones attacks rural homes

Related Posts

Roku (ROKU) Has a CTV Operating-System and Ad Platform Bigger Than a Hardware Narrative

Roku (ROKU) Has a CTV Operating-System and Ad Platform Bigger Than a Hardware Narrative

by theadvisertimes.com
June 23, 2026
0

Roku is often framed as a low-margin device company, but that lens misses where the economics really sit. The company...

The Fed Signals a Reversal in Rates

The Fed Signals a Reversal in Rates

by theadvisertimes.com
June 23, 2026
0

Dave:The Federal Reserve might actually be raising rates in 2027. If you look at prediction markets and what traders believe,...

China’s 618 shopping festival growth slows sharply as consumer spending malaise persists

China’s 618 shopping festival growth slows sharply as consumer spending malaise persists

by theadvisertimes.com
June 22, 2026
0

Citizens gather to purchase and scratch instant lottery tickets at a lottery ticket booth on June 21, 2026 in Guangzhou,...

Bed Bath & Beyond Combines Stores with Another Chain. See Locations

Bed Bath & Beyond Combines Stores with Another Chain. See Locations

by theadvisertimes.com
June 22, 2026
0

Bed Bath & Beyond’s saga continues with a new in-person concept opening nationwide. On June 18, Bed Bath & Beyond...

Fortive (FTV) Has a Recurring-Regulated-Tools and Software Story Bigger Than a Conglomerate Label

Fortive (FTV) Has a Recurring-Regulated-Tools and Software Story Bigger Than a Conglomerate Label

by theadvisertimes.com
June 22, 2026
0

Industrial conglomerates are often judged as if they are collections of unrelated assets that rise and fall with broad manufacturing...

Nvidia’s stock struggles as Kalshi traders bet chip prices are coming down

Nvidia’s stock struggles as Kalshi traders bet chip prices are coming down

by theadvisertimes.com
June 22, 2026
0

Jensen Huang, CEO of NVIDIA, speaks during a press conference after arriving at Gimpo International Airport in Seoul, South Korea,...

Next Post
Mexican cartel armed with powerful weapons and explosives launched from drones attacks rural homes

Mexican cartel armed with powerful weapons and explosives launched from drones attacks rural homes

Markets dip as US-Iran ceasefire goes nowhere, leaving Trump with a military option to reopen Hormuz

Markets dip as US-Iran ceasefire goes nowhere, leaving Trump with a military option to reopen Hormuz

  • Trending
  • Comments
  • Latest
Should You Offer a Concession to Get Your Apartment Leased Faster?

Should You Offer a Concession to Get Your Apartment Leased Faster?

June 15, 2026
6 Hotels Where Chase’s Points Boost Yields 2.5x

6 Hotels Where Chase’s Points Boost Yields 2.5x

May 22, 2026
Understanding risk remains a major investor blind spot: TIAA Institute

Understanding risk remains a major investor blind spot: TIAA Institute

June 5, 2026
Anthropic’s confidential S-1 signals summer AI IPO race could heat up fast

Anthropic’s confidential S-1 signals summer AI IPO race could heat up fast

June 2, 2026
Memorial Day 2026: Take Advantage of Food Freebies, Deals

Memorial Day 2026: Take Advantage of Food Freebies, Deals

May 23, 2026
9 Best Cheap Cell Phone Plans That Will Save You Money

9 Best Cheap Cell Phone Plans That Will Save You Money

June 3, 2026
The Fed Signals a Reversal in Rates

The Fed Signals a Reversal in Rates

0
Pzena Focused Value Strategy Increased Skyworks Solutions (SWKS) on a Dip

Pzena Focused Value Strategy Increased Skyworks Solutions (SWKS) on a Dip

0
Cutsinger’s Solution: Veggies and Noodles

Cutsinger’s Solution: Veggies and Noodles

0
8 Places to Sell Printables Online for Cash

8 Places to Sell Printables Online for Cash

0
Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?

Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?

0
The Board-Lot Reckoning: Access, Liquidity, and Governance

The Board-Lot Reckoning: Access, Liquidity, and Governance

0
Pzena Focused Value Strategy Increased Skyworks Solutions (SWKS) on a Dip

Pzena Focused Value Strategy Increased Skyworks Solutions (SWKS) on a Dip

June 23, 2026
EU Committee Advances Digital Euro CBDC Bill After Vote

EU Committee Advances Digital Euro CBDC Bill After Vote

June 23, 2026
Roku (ROKU) Has a CTV Operating-System and Ad Platform Bigger Than a Hardware Narrative

Roku (ROKU) Has a CTV Operating-System and Ad Platform Bigger Than a Hardware Narrative

June 23, 2026
Cisco Systems (CSCO): Neues Fundament nach Kurssprung!

Cisco Systems (CSCO): Neues Fundament nach Kurssprung!

June 23, 2026
The Fed Signals a Reversal in Rates

The Fed Signals a Reversal in Rates

June 23, 2026
Gen Z: if you want to succeed at work, you need to start friction-maxxing

Gen Z: if you want to succeed at work, you need to start friction-maxxing

June 23, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Pzena Focused Value Strategy Increased Skyworks Solutions (SWKS) on a Dip
  • EU Committee Advances Digital Euro CBDC Bill After Vote
  • Roku (ROKU) Has a CTV Operating-System and Ad Platform Bigger Than a Hardware Narrative
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.