Energy Secretary Chris Wright stated on NBC’s Meet the Press Sunday that the Trump administration remains open to lowering federal gasoline prices through potential tax suspension measures. Addressing concerns about soaring pump costs, Wright acknowledged the administration is “open to all ideas” that could reduce expenses for consumers and businesses while emphasizing every policy option entails tradeoffs.
The federal excise tax on gasoline currently stands at 18.4 cents per gallon. With national average regular gas prices reaching $4.452 per gallon as of May 4, the tax represents a concrete target for relief efforts. Wright’s remarks mark a notable shift from earlier White House statements indicating no active consideration of such a suspension. The administration now publicly signals its willingness to explore the policy option amid continued pressure on households facing elevated fuel costs.
A federal gas-tax holiday would require congressional action, as the administration cannot unilaterally suspend the tax. The proposal’s practical implications include direct impacts on the Highway Trust Fund—which finances road and infrastructure projects across all 50 states—highlighting the complex tradeoffs involved. Regional price data underscores urgency: West Coast drivers pay $5.58 per gallon, with California reaching $5.96, while Gulf Coast and Texas prices hover near $3.90.
While no formal proposal has been enacted or submitted to Congress, Wright’s public stance positions the potential tax suspension alongside existing executive actions aimed at addressing energy costs. For tens of millions of Americans facing rising pump prices, this administration signal carries significant weight as summer driving season approaches.