Congressional Democrats and the mainstream media panned President Joe Biden’s gas tax holiday proposal. Summary Congressional Democrats and the mainstream media panned President Joe Biden’s gas tax holiday proposal as inadequate, too little, too late, and even friendly media outlets called the plan “doomed.” President Joe Biden asked Congress to temporarily suspend taxes on gasoline (18 cents per gallon) and diesel (24 cents per gallon) through the end of September and requested states do the same. This election year maneuver …
Tag: energy industry
In Economy, International, Joe BidenTags biden administration, energy industry, oil prices Meredith Dolan
The US is releasing 50 million barrels of crude oil while prices spike. It is being criticized by analysts and lawmakers alike. Summary President Biden announced Tuesday he will tap into the nation’s Strategic Petroleum Reserve …
Gas prices are spiking and fuel shortages are leading to blackouts. The left blames climate change while the right blames a too-quick transition away from fossil fuels. Summary The global energy crisis is driving oil prices …