Trending Now - Impact of Proposed Gas Tax Holiday on Drivers and Fuel Costs

WHO:

ABC News Business - President Trump is advocating for the suspension of the federal gas tax.

WHAT:

ABC News Business - Trump wants to suspend the federal gas tax to alleviate financial strain on drivers due to high fuel prices.

ABC News - Patrick De Haan, head of petroleum analysis at GasBuddy, discusses the implications of a potential gas tax suspension.

WHY:

ABC News Business - The proposed gas tax suspension is a response to rising fuel costs attributed to the ongoing war with Iran.

(UPDATED May 13, 2026 09:50 UTC)

President Trump is pushing for the suspension of the federal gas tax to help ease the financial burden on drivers facing high fuel prices. Patrick De Haan, the head of petroleum analysis at GasBuddy, has weighed in on what this potential gas tax suspension could mean for consumers. This proposal comes as a direct response to the rising fuel costs linked to the ongoing war with Iran.