Energy Secretary Chris Wright says the Trump administration is “open to all ideas” to address rising fuel costs amid heightened tensions involving Iran and concerns about shipping through the Strait of Hormuz. In an interview, Wright frames the administration’s top priorities as ending Iran’s nuclear program and restoring secure shipping in the region. He acknowledges that, even with those goals, the current situation can keep gas prices elevated in the short term. Wright also indicates that the administration is considering options to provide relief to drivers, including a potential temporary pause of the federal gas tax. Reporting across outlets describes the proposal as a suspension intended to help offset price increases related to the disruption risk and broader fallout from the Strait of Hormuz crisis. While the accounts agree on the openness to the gas tax suspension concept, they do not specify a final decision, timing, or whether any savings estimate or legislative steps are in place. The administration’s approach, as described, is to evaluate policy tools to respond to near-term price pressures while pursuing longer-term efforts to reduce regional disruption.
Energy Secretary says Trump administration is open to suspending federal gas tax
Energy Secretary Chris Wright says the Trump administration is “open to all ideas” to address rising fuel costs amid heightened tensions involving Iran and concerns about shipping through the Strait o...
- Energy Secretary Chris Wright says the Trump administration is open to “all ideas” to address rising gas prices.
- Wright cites tensions involving Iran and shipping risk through the Strait of Hormuz as a factor behind current fuel-price pressures.
- Wright says the administration’s priorities include ending Iran’s nuclear program and restoring secure shipping through the Strait of Hormuz.
- Multiple outlets report that Wright says the administration is open to temporarily suspending the federal gas tax as relief for drivers.
- Sources describe the potential suspension as a short-term measure; they do not report that it is already implemented.
The Trump administration is open to the possibility of temporarily suspending the gas tax to give Americans relief amid the fallout from the crisis in the Strait of Hormuz, according to Energy Secretary Chris Wright.
3 months agoEnergy Secretary Chris Wright says the Trump administration is open to suspending the federal gas tax as fuel prices rise amid the Iran conflict.
3 months agoEnergy Secretary Chris Wright tells Meet the Press that the Trump administration’s priority is ending Iran’s nuclear program and restoring secure shipping through the Strait of Hormuz, while ongoing tensions could keep gas prices elevated in the short term.
3 months ago
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