#diesel-prices

Trump Gas Tax Suspension Plan: How Much Could Drivers Save?

President Donald Trump is backing a temporary federal gas tax suspension as US drivers face sharply higher fuel prices linked to the Iran conflict. The proposal could cut up to 18.4 cents per gallon from gasoline and 24.4 cents per gallon from diesel, but it cannot take effect without approval from Congress. How Much Could Drivers Save? Trump said on Monday, May 11, 2026, that he wants to remove the federal gas tax “for a period of time” and restore it once prices ease. The White House has not confirmed whether formal legislation has already been sent to lawmakers. The relief would be limited compared with the wider rise in pump prices. US gasoline prices have climbed sharply since the Iran conflict intensified, leaving many households paying more for commuting, deliveries and daily transportation. Congress Holds The Key The federal gas tax helps fund highways, bridges and public transit through the Highway Trust Fund. Any suspension could give drivers short-term relief but may raise concerns over road funding. Energy Secretary Chris Wright said the administration supports steps to lower fuel costs. Some lawmakers have also backed a temporary gas tax holiday, while critics argue the savings may not fully reach consumers. For American families already dealing with inflation, even a small reduction at the pump could matter. But the plan’s real impact depends on Congress, fuel markets and whether gas stations pass the full tax cut to drivers.

Finance & Economics

11 May 2026 15:47 PM

Trump Gas Tax Suspension Plan: How Much Could Drivers Save?

Finance & Economics

Texas Fuel Prices Jump, Squeezing Household Budgets

The numbers on gas station signs across Texas are rising fast—and for many drivers, so is the stress. What used to be a routine fill-up is now a moment of hesitation, as fuel costs eat deeper into already stretched budgets. High gas prices in Texas have surged in recent weeks, climbing from about $2.55 per gallon in early February to nearly $3.78. The sharp increase is being driven by global tensions that have disrupted oil supply routes, sending ripple effects through loca

US News

30 Apr 2026 09:23 AM

Texas Fuel Prices Jump, Squeezing Household Budgets

US News

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#diesel-prices

Trump Gas Tax Suspension Plan: How Much Could Drivers Save?

Trump Gas Tax Suspension Plan: How Much Could Drivers Save?

Texas Fuel Prices Jump, Squeezing Household Budgets

Texas Fuel Prices Jump, Squeezing Household Budgets

Julian Fleming seriously injured, one dead in Pennsylvania ATV crash

Federal judges in San Francisco order ICE to release detained immigrants

South Shore trains halted in Gary after pedestrian struck

US Stock Market Opens Mostly Flat After Record Highs

YS Jagan's Press Meet Turns Into a Troll Fest After Awkward Gaffes

Delhi CM Arvind Kejriwal Arrested, 'Will Run Govt. From Jail'

TVK’s Vijay Unveils Poll Manifesto, Promises Free Education for Farmers’ Children

Ceiling Collapse Prompts Evacuation at Cranford Movie Theater in Union County

India’s Path to World Test Championship Final

US tariffs on India and China energy trade spark global concerns

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Julian Fleming seriously injured, one dead in Pennsylvania ATV crash

Federal judges in San Francisco order ICE to release detained immigrants

South Shore trains halted in Gary after pedestrian struck

US Stock Market Opens Mostly Flat After Record Highs

YS Jagan's Press Meet Turns Into a Troll Fest After Awkward Gaffes

Delhi CM Arvind Kejriwal Arrested, 'Will Run Govt. From Jail'

TVK’s Vijay Unveils Poll Manifesto, Promises Free Education for Farmers’ Children

Ceiling Collapse Prompts Evacuation at Cranford Movie Theater in Union County

India’s Path to World Test Championship Final

US tariffs on India and China energy trade spark global concerns

#diesel-prices

Trump Gas Tax Suspension Plan: How Much Could Drivers Save?

Trump Gas Tax Suspension Plan: How Much Could Drivers Save?

Texas Fuel Prices Jump, Squeezing Household Budgets

Texas Fuel Prices Jump, Squeezing Household Budgets

Julian Fleming seriously injured, one dead in Pennsylvania ATV crash

Federal judges in San Francisco order ICE to release detained immigrants

South Shore trains halted in Gary after pedestrian struck

US Stock Market Opens Mostly Flat After Record Highs

YS Jagan's Press Meet Turns Into a Troll Fest After Awkward Gaffes

Delhi CM Arvind Kejriwal Arrested, 'Will Run Govt. From Jail'

TVK’s Vijay Unveils Poll Manifesto, Promises Free Education for Farmers’ Children

Ceiling Collapse Prompts Evacuation at Cranford Movie Theater in Union County

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