As Biden touts gas tax pause, even some of his own officials balk
Tyler Pager et al., The Washington Post
The president on Wednesday urged Congress to suspend the federal gas tax to cut prices for consumers. Privately, some officials doubted it would work.
Pelosi declines to endorse gas tax holiday
Mike Lillis, The Hill
Speaker Nancy Pelosi (D-Calif.) said Wednesday that Democratic leaders will gauge the party’s support for President Biden’s proposed gas tax holiday but stopped short of endorsing the idea, suggesting a rare break between the Speaker and her White House ally on an issue that’s threatening Democrats’ prospects at the polls in November.
Biden blames Russia for gas prices as he presses Congress, states and oil companies
Olivia Olander, Politico
The White House on Wednesday again blamed Russia’s war in Ukraine for recent hikes in fuel prices, as President Joe Biden pushed for Congress to suspend the federal gas tax.
Gas prices aren’t leading to less driving — yet
Ben Geman, Axios
The rise in U.S. fuel prices isn’t yet spurring a major pullback in driving, but that could soon change, a new Dallas Fed analysis finds.
Deep rift lies behind Biden’s criticism of oil and gas industry
Nandita Bose and Jarrett Renshaw, Reuters
U.S. President Joe Biden has publicly criticized oil and gas executives for banking big profits from high gasoline prices but he has rarely spoken directly to the heads of energy companies or their representatives, White House records and interviews with industry sources show.
US gas pipeline leaks occur every 40 hours: report
Sharon Udasin, The Hill
U.S. natural gas pipelines are experiencing the equivalent of one leak every 40 hours, a new report has found.
Why Biden is stuck on gas prices
Andrew Freedman, Axios
The Biden administration needs gas prices to come down fast. But that could require supporting greater oil and gas production over the long term — the opposite of what it wants to do to fight climate change.
Global Natural Gas Buyers Jostle for US LNG With Chevron, Ineos Deals
Anna Shiryaevskaya, Bloomberg
Global buyers are lining up to secure long-term shipments of liquefied natural gas, giving impetus to a new generation of US projects that will send the heating and power-plant fuel overseas.
California has billions to spend on gas-price relief — and no deal on help
Jeremy B. White, Politico
California Gov. Gavin Newsom and Democratic legislators can agree on one thing: They should channel billions of dollars from the state’s overflowing budget to Californians pinched by high gas prices. But for months they have been at odds over how to get that money into people’s pocketbooks — and who should get it.