• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Blog Home
  • Topics
    • Keystone Press Releases
    • Politics and Government
    • Legislation
    • Nevada News
    • Tourism & Gaming
    • Rural Nevada
    • Business
    • Opinion
  • Membership
  • Contact Us
  • About Keystone Nevada

Keystone Nevada Korner

Welcome to The Keystone Korner The Official Blog of Keystone Nevada

Home » Suspend the Gas Tax, They Cried

Suspend the Gas Tax, They Cried

February 13, 2022 by Pauline Lee

The plea from Senate Democrats contradicts their climate agenda.

by The Wall Street Journal Editorial Board, February 11, 2022

The contradictions of climate politics keep piling up, and the latest is a call from Democratic Senators running for re-election this year to suspend the federal gas tax. Hello? Isn’t the point of Democratic climate plans to raise the price of fossil fuels so we use less? Or at least it is until rising gasoline prices begin to have political consequences.

Arizona Sen. Mark Kelly and New Hampshire’s Maggie Hassan on Wednesday introduced legislation to waive the 18.4 cent per gallon federal gas tax through 2022—long enough to get them past tough re-elections in November. Co-sponsors include Georgia’s Raphael Warnock and Nevada’s Catherine Cortez Masto —also up in November—as well as Michigan’s Debbie Stabenow and Nevada’s Jacky Rosen.

Gas prices this past year have risen a dollar on average to $3.44 per gallon. A federal gas tax suspension would lower prices to where they were in October, assuming oil prices don’t climb more. Crude prices recently passed $90 per barrel amid geopolitical tensions and could go higher than $100 this summer.

Democrats are blaming everyone but President Biden. “Rising gas prices are a global issue caused by the behavior of Russia and other factors,” said New York Rep. Carolyn Maloney before kicking off a House hearing Tuesday in which Democrats accused big oil companies of broiling the planet. The progressive cognitive dissonance is really something.

Ms. Maloney is right that oil prices are dictated by global supply and demand. But the U.S. was the world’s swing producer before the pandemic. Now that distinction goes to Saudi Arabia, as U.S. producers have cut investment amid an increasingly hostile political climate.

The Biden Administration has slow-rolled oil and gas permits, halted lease sales on federal land, suspended leases in Alaska’s Arctic National Wildlife Refuge and pushed financial regulation to deny capital to fossil fuels—all while activist progressive investors abet the industry’s strangulation. New York’s $280 billion state pension fund this week said it would divest from 21 shale companies.

“As market forces and new policies drive the energy transition, we must align our investments with a profitable and dynamic future,” Comptroller Thomas DiNapoli said. Funny, oil and gas companies are nine of the S&P 500 index’s top 10 performers this year.

Another rich irony: Senate Democrats who want to suspend the gas tax support President Biden’s Build Back Better Act that would impose myriad new taxes on U.S. oil and gas. But shhhh, keep that one quiet from voters.

Filed Under: Opinion Tagged With: contradictions of climate politics, federal gas tax, federal gas tax suspension, gas tax, Senate Democrats

Primary Sidebar

Connect with Us

  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
Bootleg Bistro
Bootleg Bistro Ad
SLLC_Keystone_Blog-Ad_300x500_10%-Off-Repairs_05.19.21
CIOServices Ad 300x500-100
BRH Keystone Ad JPEG
Willow_Manor
Keystone Corporation Nevada

News Topics

  • Keystone Press Releases
  • Politics and Government
  • Legislation
  • Nevada News
  • Tourism & Gaming
  • Rural Nevada
  • Business
  • Opinion

Rural Nevada

Winnemucca braces for massive lithium mine

September 18, 2023 By Courtney Holland

By Ray Hagar, Nevada Newsmakers, September 18, 2023 Winnemucca, a town of more than 8,600 residents off Interstate 80 in Northern Nevada, is proud … [Read More...] about Winnemucca braces for massive lithium mine

Weather may have slowed January sales

April 8, 2023 By Courtney Holland

By The Record Courier Staff, April 4, 2023 For the third month in a row, Douglas County merchants reported a decrease in taxable sales, though not … [Read More...] about Weather may have slowed January sales

30 new projects in Pahrump: Arby’s, Chipotle, Midas Muffler, 3 convenient stores & more

March 29, 2023 By Courtney Holland

By Robin Hebrock, Pahrump Valley Times, March 28, 2023 Business is booming in the Pahrump Valley, with dozens of new companies looking to bring … [Read More...] about 30 new projects in Pahrump: Arby’s, Chipotle, Midas Muffler, 3 convenient stores & more

UPS and AVK America plan to expand in Douglas County

March 19, 2023 By Courtney Holland

Staff Reports for The Record Courier, March 17, 2023 United Parcel Service plans to build a new 168,000 square foot building in Douglas County, … [Read More...] about UPS and AVK America plan to expand in Douglas County

Opinion

EDITORIAL: Never Never Land for California regulators

September 25, 2023 By Courtney Holland

By the Las Vegas Review-Journal Editorial Board, September 24, 2023 It’s shocking, but California’s efforts to force-feed electric vehicles to its … [Read More...] about EDITORIAL: Never Never Land for California regulators

OPINION: American mining needs Gen Z

September 25, 2023 By Courtney Holland

By Rich Nolan, Reno Gazette Journal, September 18, 2023 By 2030, Gen Z will be 30 percent of the American workforce. This tech-savvy generation has … [Read More...] about OPINION: American mining needs Gen Z

OPINION: DExit to the desert: Why I left Delaware for Nevada

September 25, 2023 By Courtney Holland

By Phil Shawn, The Nevada Independent, September 15th, 2023 Some 80 years ago, visionaries saw a dusty military outpost in the middle of the Nevada … [Read More...] about OPINION: DExit to the desert: Why I left Delaware for Nevada

Tags

Adam Laxalt Biden Administration Business Business Columns Casinos & Gaming Catherine Cortez Masto Clark County Clark County School District economy Editorials Education Elon Musk employment Gov. Joe Lombardo Gov. Steve Sisolak Governor's Office of Economic Development (GOED) Housing inflation Inside Gaming Joe Lombardo las vegas Local Local Las Vegas Local Nevada mc-business mc-local mc-news mc-opinion Nevada News North Las Vegas NPRI Opinion Opinion Columns PAID Politics and Government Real Estate Insider Roe v. Wade school choice Sen. Catherine Cortez Masto small businesses Sports Tesla tourism Victor Joecks

Footer

Copyright © 2023 · Keystone Corporation - All Rights Reserved · Log in
Privacy Policy
By accessing this site, you are agreeing to our Terms of Use

The views, opinions and conclusions expressed by the authors of any article or post on the Keystone Korner are those of the author and do not necessarily reflect the opinions of Keystone Corporation or its officers and board members. Moreover, any reference to a person, party, product or entity does not constitute an endorsement or recommendation by Keystone Corporation or its officers and board members.