President Joe Biden confirmed Monday he was contemplating a fuel tax vacation and even fuel rebate playing cards to assist drivers affected by the excessive value of gasoline.
The president spoke with reporters a few fuel tax vacation as he spent the morning on the seaside along with his household.
“Yes, I’m considering it,” he replied when reporters requested if he was contemplating a fuel tax vacation.
“I hope I have a decision based on data I’m looking for by the end of the week,” he continued.
Biden additionally confirmed he was contemplating sending out fuel rebate playing cards to drivers, regardless of issues that the continued chip scarcity would stop the federal government from doing so.
“Well that’s part of what we’re considering, part of the whole operation,” he stated, including, “It’s all on the table right now.”
The president stated that oil and fuel firm CEOs have been planning to fulfill with members of his administration together with Vitality Secretary Jennifer Granholm.
He stated he wouldn’t personally meet with oil executives.
Biden criticized oil corporations for reducing again refining capability due to what he described as an inevitable shift to autos powered by various power.
“They don’t want to get stuck but guess what, there’s a logical transition to be made here, and I want an explanation from them about why they are not refining more oil,” he stated.
He recalled an expression his mom used to say about good issues taking place out of problem.
“We have a chance to make a fundamental turn toward renewable energy, electric vehicles, and not just vehicles, across the board,” he stated.
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