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Chris Wright: “Suspension of the gas tax would likely flow almost entirely…”

Featuring: Chris Wright, Republican | Secretary of Energy | National

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'You Support That Idea?': Richard Blumenthal Presses Chris Wright On Suspending Federal Gas Tax

Published | Video Starts at 03:20

In particular that the suspension of the gas tax goes back to consumers rather than to fatten the profits of big oil companies. Suspension of the gas tax would likely flow almost entirely through to consumers because the retailing of gasoline is a very competitive business. So if one business thought, I'm just going to keep that 18 cents themselves, they'd lose their gasoline sales. Let me, let me switch topics, sir. (03:20–03:30)

CLAIM

Asserts that suspending the gas tax would benefit consumers due to competitive gasoline retailing.

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