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For Immediate Release

Press Release

Repealing the Federal Gas Tax Isn't Guaranteed to Ease Pain at the Pump

Congress can help everyday people, right now, by returning much of these ill-gotten profits to consumers by passing the Big Oil Windfall Profits Tax.
WASHINGTON -

In response to the Biden administration’s decision to repeal the federal gas tax, Greenpeace USA Senior Campaigner Ashley Thomson said:

“During an April congressional hearing, Big Oil CEOs would not guarantee that repealing the federal gas tax would lower prices. The Biden administration is taking a short-sighted approach to a long-term problem. High gas prices are a symptom of the oil and gas industry’s tightening vise on our society. As gas prices rose and our wallets tightened, Big Oil got rich. In just the first three months of this year, Shell made $9.3 billion in profits, Exxon made $5.4 billion, and Chevron made $6.3 billion.

“Congress can help everyday people, right now, by returning much of these ill-gotten profits to consumers by passing the Big Oil Windfall Profits Tax. Then, we need to address the problem at its root. A quick transition off of forever-volatile oil and gas markets would set the foundation for a healthier, more equitable, and more just society that is powered by renewable and reliable energy.”

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Greenpeace is a global, independent campaigning organization that uses peaceful protest and creative communication to expose global environmental problems and promote solutions that are essential to a green and peaceful future.

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