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Federal gas tax holiday: Biden to call for 3-month suspension - Vimarsana News

Federal gas tax holiday: Biden to call for 3-month suspension

Officials say Biden wants to suspend the 18.4 cents-a-gallon tax on gas and 24.4 cents-a-gallon on diesel fuel. Could save consumers roughly 3.6% at the pump.

Oil is Cheaper by more than 5% against one-month Price Lows - Vimarsana News

Oil is Cheaper by more than 5% against one-month Price Lows

Oil futures fell more than 5% on Wednesday to more than 5% against one-month price lows amid growing fears that the Fed's and other central banks&#039

Feeling pain at the pump, US Prez Joe Biden to call for 3-month suspension of petrol and diesel taxes - Vimarsana News

Feeling pain at the pump, US Prez Joe Biden to call for 3-month suspension of petrol and diesel taxes

President Joe Biden on Wednesday will call on Congress to suspend federal gasoline and diesel taxes for three months — a move meant to ease financial pressures at the pump that also reveals the political toxicity of high gas prices in an election year

Biden to urge Congress to suspend federal gas and diesel taxes for 3 months - Vimarsana News

Biden to urge Congress to suspend federal gas and diesel taxes for 3 months

Biden wants to suspend the 18.4 cents-a-gallon tax on gas and 24.4 cents-a-gallon on diesel fuel, administration officials say. Prices are averaging about $5 a gallon nationwide.

Chevron taps into LNG boom with Cheniere, Venture Global deals - Vimarsana News

Chevron taps into LNG boom with Cheniere, Venture Global deals

By Sabrina Valle and Ruhi Soni (Reuters) -Chevron Corp on Wednesday signaled its move into the booming U.S. liquefied natural gas (LNG) export market with