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Gas prices are at record highs. AP Photo/Gene J. Puskar

Federal gas tax holiday: Biden says it will provide ‘a little bit of relief’ – but experts say even that may be a stretch

We asked four experts to explain what gas taxes are used for and whether waiving them will make much of a difference to American households.
Gas station in Seattle on March 11, 2022. AP Photo/Ted S. Warren

Would gas tax breaks make a big difference when prices are skyrocketing? We asked 4 experts

Consumers are feeling pain at the pump and demanding solutions. Some politicians are pushing gasoline tax waivers – but that means less money to fix roads, and often not much economic relief.
Some motorists are willing to pay more for the price of gas. Others are considering trading in gas-guzzling cars for more efficient vehicles. The price of gas at a Petro Canada gasoline station in Ajax, Ont., on March 7, 2022. THE CANADIAN PRESS/Doug Ives

Why gasoline prices have soared to record highs

Oil supply is very tight, and the current geopolitical crisis involving Russia, one of the world’s largest oil producers, has pushed prices over the edge.
Tesla CEO Elon Musk introduces the Cybertruck – with shattered windows – at Tesla’s design studio in November 2019 in Hawthorne, Calif. (AP Photo/Ringo H.W. Chiu)

Love it or hate it, Tesla’s Cybertruck is revolutionary

There’s no question Tesla’s Cybertruck will face stiff competition in the electric pickup truck market. Here’s why it has the edge.
In 2015, gas prices fell below $2 per gallon in Moscow Mills, Missouri. The trend of low gas prices across the United States delay a signature Obama proposal to reduce emissions from cars and trucks. Whitney Curtis/Reuters

Cheap gas could delay America’s efficiency targets for cars and trucks

Faced with stringent fuel economy standards but cheap gas, automakers may seek to delay CAFE rules. What’s the best way to reevaluate these emissions-cutting rules?
Americans like big vehicles – a serious challenge to reducing emissions. chrisgold/flickr

Will cheap gas at the pump stall progress on car emissions?

American consumers just aren’t prioritizing fuel efficiency in a time of low gasoline prices. Is there a way to reverse the trend and make progress on climate change?
A White House proposal to tax crude oil would address the U.S.‘s perennially underfunded highway maintenance program. scottummy/flickr

How should America fund its highways in the 21st century?

Obama’s proposal to add $10 tax to crude oil raises the thorny question of whether the U.S. can continue to fund its highway infrastructure with a fuel tax that hasn’t changed since 1993.

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