President Biden also urged Congress this week tountil the end of September, which would equate to a savings of 18 cents per gallon on gasoline and 24 cents per gallon on diesel. Biden also urged states to suspend their gas tax. Connecticut and New York have enacted suspensions, which are scheduled to end on June 30 and December 31, respectively.
Biden’s appeal is unlikely to transpire into action. Critics of the gas tax holiday have pointed out that the cost savings to consumers—around
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