US President Joe Biden decides whether to suspend gasoline tax this week-Bloomberg

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US President Joe Biden announced on the 20th that he intends to decide whether to suspend the federal gasoline tax this week in order to mitigate the effects of soaring gasoline prices.

“By the weekend, I want to make a decision based on the data I’m looking for,” Biden told reporters on the beach in Delaware. However, such measures are likely to require parliamentary approval and cannot be implemented by presidential directives.

Mr. and Mrs. Biden (June 17)

Photographer: Michael Reynolds/EPA/Bloomberg

Talks are ongoing, according to White House officials, and the president is willing to consider all options that could push down gasoline prices and listen to all ideas.

President Biden also said government staff will meet with oil industry executives this week and said, “I would like to hear an explanation as to why we are not increasing oil refining.”Biden said last week that the unprecedented rate of return in the oil refining industry was unacceptable and told major oil companies to “act immediately” to improve their refining capacity.I asked for it in a letter.

Gasoline prices in the United States have risen over the past few weeks, with an average price of $ 4.98 per gallon, slightly below last week’s record high, according to the National Automobile Association (AAA).

Original title:

Biden Says Decision Nearing on Gas-Tax Pause, Student Debt (1)(抜粋)

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