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Federal fuel-price policy

Congressional and executive proposals to reduce federal gasoline and diesel costs through tax suspensions and other measures during the 2026 midterm election cycle.

Trump's fuel-price measures leave gasoline and diesel costs high

2026-10-22

On October 22, 2026, US gasoline and diesel prices remained substantially higher than a year earlier as President Donald Trump promoted red-dye diesel, temporarily lifted sanctions on Russian diesel imports and announced a one-time $8 billion subsidy for farmers. AAA put gasoline at $4.29 a gallon, more than $1.25 above 2025, and diesel at $6.30, nearly 75% higher. Energy analysts said voters were unlikely to see relief before the November 3 midterms, while a Politico poll found that most voters polled would not likely be swayed to vote Republican even if gasoline fell by $1 a gallon.

Trump pulls fuel-price levers as midterm elections approach

2026-10-09

President Donald Trump has announced several measures aimed at reducing US gasoline and diesel prices that have more than doubled since the US-Israel conflict with Iran began in February, but analysts said the steps will provide limited relief ahead of November's midterm elections.

Trump weighs suspending federal gas tax ahead of midterms

2026-10-06

President Donald Trump said Tuesday his administration is considering suspending the federal gasoline tax, with midterm elections a month away and fuel costs still elevated. Any suspension would require an act of Congress; Trump cannot unilaterally end the federal levy.