U.S. lawmakers from both parties are urging the suspension of gas taxes as prices at the pump continue to surge amid the ongoing Russian attack on Ukraine.
of Arizona and Maggie Hassan of New Hampshire while prices were rising but much lower prior to the war. The legislation would place a moratorium on the federal gas tax through the end of the year.
"We need to continue to think creatively about how we can find new ways to bring down costs, and this bill would do exactly that, making a tangible difference for workers and families," Hassan said in aGasBuddy's Head of Petroleum Analysis Patrick De Haan said in a video on Tuesday that, while gas prices are expected to continue to rise,"the pace of increases will likely slow down" soon.
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