Energy Secretary dodges question on whether gas could hit $5 per gallon
MSNBC·2026-05-11 16:08

Correspondent Neil Irwin to break all of this down for us. Neil, good to have you. Would suspending the gas tax be an effective move to give some Americans, give the American people some relief at the pump.It could help on the margins. So the federal gas tax is about 18 cents a gallon. However, if they were to suspend that, it doesn't necessarily all flow through to consumers.Some of that gets absorbed by refiners, retailers, depending on the structure of some of those markets. So even if you get, you know, ...

Energy Secretary dodges question on whether gas could hit $5 per gallon - Reportify