ACN Business

Suspending federal gas tax wouldn’t save drivers as much as they might hope – here’s what goes into the price of a gallon of gas

Written by: Robert I. Harris, Assistant Professor of Economics, Georgia Institute of Technology

Gas taxes – federal and state – make up only a small piece of the price of a gallon of gas.AP Photo/Jenny Kane

With gasoline prices still high – averaging over US$4.50 a gallon in mid-May 2026 – President Donald Trump said he wanted Congress to suspend the federal gas tax, which is 18.4 cents a gallon for gasoline and 24.3...

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Suspending federal gas tax wouldn’t save drivers as much as they might hope – here’s what goes into the price of a gallon of gas

The Hidden Costs of Vehicle Ownership for Delivery and Rideshare Workers

Best SEO Companies for Enterprise, Franchise and Multi-Location Businesses in 2026

SPA Australia names Elise Poiner National Lead – Commercial

Why solar panels alone won’t save your bottom line in 2026

From Cleaner to Group CEO: What my 30-year career has taught me about leadership

The Fuel Ox® Fleet Trial Shows Double-Digit Fuel Economy Gains in Unique Independent UK Study

Traditions of Rural Bali at Villa Sabana

6 Essential Exterior Upgrades to Boost Your Property Value

Bupa customers to receive $315 million in pre-Christmas cashback

It's more than a free trade agreement. But what exactly have Australia and Indonesia signed?

Eight Considerations When Purchasing a Lighting Tower

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The New Pressure Gap Crushing Small Businesses

Click Frenzy returns with a free EOFY sale event for retailers this month

The 95 Per Cent Failure Rate Is Not An AI Problem

New AR tech helping to solve field service skills crisis

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