United States President Joe Biden called Congress on Wednesday to suspend the federal gas tax for “the next 90 days.” During his televised speech on gas prices and Putin’s price hike, Biden said that the collaboration of the companies was also necessary to reduce the cost of fuel amid the crisis caused by the war in Ukraine. In this regard, he called on the industry to refine more oil into gasoline, thus lowering its price. Finally, he also expressed his desire for oil companies to use their profits to increase refining capacity instead of buying back shares. NN: with what is left of the free market i am SURE those Federal gas tax savings will not be passed along in full. Lets say they are its only 18 cents per gallon. lets take the average and mean of US motorists gasoline consumption per month. Its between 50 to 100 gallons a month, that’s $9.00 to $20.00 a month. What a sick fucking joke. He should have been laughed out of the room. I am shocked!! That is a solution to run away inflation. How about unchaining the US oil industry. Do that and the US balance of trade would be surplus and crude oil would be $50 a gallon and gasoline $2.50 a gallon.