** President Joe Biden is weighing the possibility of a federal gas-tax holiday as millions of Americans continue to face pain at the pump. “I hope to have a decision based on the data I’m looking for by the end of the week,” Biden told reporters Monday in Rehoboth Beach, Delaware, according to CNN. ** Treasury Secretary Janet …
Category: Gasoline Prices in Oklahoma
Oklahoma Reps voted against Demos lower fuel cost proposal
When the U.S. House passed a Democrat-led bill last week called the Lower Food and Fuel Costs Act, it won approval but not with any support from Oklahoma’s U.S. Representatives. The H.R. 7606 passed on a vote of 221-204. Why did Oklahoma House members vote against it? Rep. Tom Cole issued a statement: “President …
Headlines of US and World energy news stories
** Americans are “really, really down” after two years of a pandemic and amid rising gasoline prices but the economy is in better shape than many think, President Joe Biden said in a recent interview with the Associated Press. ** The Biden administration is working to finalize a meeting between Energy Department officials and oil companies that is …
Gasoline at $5.17 a gallon in southeast Oklahoma
While you fill up your car or pickup truck with gasoline averaging $4.65 a gallon in Oklahoma, consider what Rystad Energy predicted on Friday—US gas prices will likely surge even higher. The energy research and business intelligence company headquartered in Norway said we can expect higher prices because of dwindling stockpiles and the struggle …
Headlines of more energy stories
** The Environmental Protection Agency stunned scientists and local officials across the country on Wednesday by releasing new health advisories for toxic “forever chemicals” known to be in thousands of U.S. drinking water systems, impacting potentially millions of people. ** The White House is willing to use the same emergency wartime law it invoked to increase the production of …
Oklahoma House kills effort to suspend state gas tax
A move by Tulsa Democrat Melissa Provenzano in the Oklahoma House to suspend the state gasoline tax was killed during the special legislative session. House Bill 1008XXX amendment would have suspended the tax until at least 2023, and according to Rep. Provenzano, would have saved consumers 19 cents a gallon. “This amendment provides …
Headlines of more energy stories
** Top U.S. automakers ask Congress to raise the limit on how many electric vehicles a company can sell before they’re no longer eligible for $7,500 tax credits. ** The Biden administration proposes stricter efficiency standards for some natural gas furnaces, which the Department of Energy predicts will save consumers money and reduce carbon emissions. ** President Joe Biden told oil …
High gasoline prices aren’t going away in Oklahoma
Whether the increased price of gasoline has left you angry, indifferent or frustrated, one thing is clear in Oklahoma…prices are climbing higher and there’s nothing drivers can do about it. The average price of gasoline in Oklahoma hit $4.64 on Monday while the national trend was at $5.01 a gallon according to the American …
GOP Reps say $5 gasoline was caused by Biden
When gasoline prices hit $5 a gallon over the weekend, it evoked some angry responses from House Republican Whip Steve Scalise and HEAT Co-Chairs Rep. Markwayne Mullin of Oklahoma and Rep. Jeff Duncan of South Carolina. They said the $5 gasoline was “directly caused by President Biden’s war on American energy.” “Meanwhile, instead of …
Cole’s view of Biden’s economy—More Inaction on Inflation
Oklahoma Congressman Tom Cole responded to President Biden’s Washington Post op-ed about his “plan” to do something about inflation by suggesting the President doesn’t know what he’s talking about. Biden wrote that he had a plan to fight the historic inflationary crisis. Cole’s response? “Not only is this reaction too little too late—it is …