Trump’s Federal Gas Tax Holiday Isn't Likely to Bring Down Prices

Trump and some lawmakers are considering a temporary federal gas tax holiday to ease high gasoline prices.

Experts say the 18-cent-per-gallon federal tax cut would have only a small effect at the pump because oil prices and refinery costs are the main drivers.

The move could also drain the Highway Trust Fund, which finances road and transit projects and is already under strain.

Analysts argue the policy would offer limited consumer relief while creating longer-term infrastructure funding problems.