Search investingLive
Home
Biden calls for gasoline tax holiday, as expected

Biden calls for gasoline tax holiday, as expected

News
Adam Button
22/06/2022 | 18:05 GMT
  • Biden says he wants companies to pass on entire reduction to consumers
Biden yelling at phone meme forexlive
  • Calls on industry to refine more oil into gasoline
  • Calls on states to suspend state gas taxes as well, noting they average 30-cents/gallon

This was leaked late yesterday. It's entire unclear whether it will have enough support to pass congress.

Most Popular

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access
View more

Winter heating costs surge 9.2% to $1,000! Utilities seek rate hikes amid colder forecasts. Traders brace for impact.

NBC News
1m ago

Bitcoin ETFs see $457M inflows; BTC nears $90K then dips. Low implied vol (50) belies rate cut/inflation data risks.

CoinDesk
3m ago

NK hackers nabbed $2.02B in crypto in 2025, up 50% YoY. Bybit lost $1.5B in a single breach. Regime funds nukes via DeFi exploits.

YahooFinance
6m ago

ARK Invest buys $25.4M in crypto stocks amid price slide; BMNR, BLSH, COIN dip. Traders eye value on dips.

CoinDesk
14m ago

BoE slashes rates to 3.75%! Consumers cheer, but traders eye inflation risks. Will this boost markets?

BBC
16m ago

S&P 500 up 17%, Treasuries +6% on policy wins; GDP growth forecasts lag Bessent's 3% target.

Bloomberg
19m ago

Gen Z credit card debt surges 37% amid inflation. Despite jobs, their wealth share is low. Watch for K-shaped economy impacts.

Fortune
23m ago
investingLive Premium
Telegram Community
Gain Access

Top Brokers

Sponsored

General Risk Warning

Must Read

Follow Us

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions.

Advisory warning: investingLive is not an investment advisor, investingLive provides references and links to selected news, blogs and other sources of economic and market information for informational purposes and as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and investingLive specifically hereby acknowledges clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided on an "as-is" basis as a general market commentary and does not constitute investment or trading advice, and we do not purport to present the entire relevant or available public information with respect to a specific market or security. investingLive expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information, or with respect to any of the content presented within its website, nor its editorial choices.

Disclaimer: investingLive may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

© 2025 Finance Magnates CY Limited — Part of Ultimate Group

Read our Terms, Cookies and Privacy Notice

Manage Cookies
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}