Biden's proposed gas 'tax holiday' will have very little impact on high prices, says trade association
Chet Thompson of the American Fuel & Petrochemical Manufacturers says it won't address the root cause of the problem. He adds that the Biden administration needs to focus on its longer-term energy policies and promote more crude production.
UP NEXT
UP NEXT
-
Dubai wants to become a global tech hub – and it's betting on crypto to get it there
CNBC
-
Inflation Reduction Act will attract investors like us: Fortescue's Andrew Forrest
CNBC
-
The spirits business has been solid throughout the pandemic, says Brown-Forman CEO
CNBC
-
Diageo CEO discusses what's driving alcohol sales
CNBC
-
How a Czech royal family is preserving thousands of artifacts with NFTs
CNBC
-
From food stamps to $1.6 million: 'I work just 5 hours a week'
CNBC
-
I live better in Thailand than I did in the U.S. – here's how much it costs
CNBC
-
Here are the worst states for worker protections in the U.S.
CNBC
-
The Week Ahead:
CNBC
-
Alex Jones ordered to pay $49.3B for defaming Sandy Hook parents
CNBC
-
Should we move to a four-day workweek?
CNBC
-
Apple may still face headwinds from China supply line, wait to invest, says Capital Wealth's Kevin Simpson
CNBC
-
Pastors take church to the metaverse
CNBC
-
Here's why Warner Brothers' decided to axe its 'Batgirl' film
CNBC
-
Inflation Reduction Act to be voted on this weekend
CNBC
-
Wolves pit urban dwellers against ranchers
CNBC