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Home » Energy » The Problem With Democrats’ Gas Prices Relief Act

The Problem With Democrats’ Gas Prices Relief Act

by PublicWire
February 22, 2022
in Energy
Reading Time: 1 min read
0

Desperate Democrats are pushing for a suspension of the 18.4 cents per gallon federal gasoline tax to show their concern over rising prices and demonstrate to voters that they’re taking action.

This segment of What’s Ahead points out why that move won’t survive the political laugh test.

For starters, the tax gets reinstated shortly after the election. For another, it conveniently ignores all the moves the White House and congressional Democrats have taken to reduce U.S. oil production at a time when demand for gasoline has been rising. 

More demand + less supply = higher prices at the pump. 

Voters won’t be fooled by this stunt.


This post was originally published on this site

Tags: businessEnergyMoneyPolicyTaxes
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