From suspending highway taxes to releasing more oil from Strategic Petroleum Reserve, here are policymakers' options.
ranging from a low of 15 cents a gallon in Alaska to 67 cents in California, according to the Tax Foundation. to examine whether oil companies were illegally keeping gasoline prices high, noting that producers' costs at the time were falling even as gas prices were rising.
"Many publicly traded companies, including the 100 largest companies, have seen a dramatic increase in their profits since the start of COVID," she said."If he wanted to, he could call them out directly, and say, 'We're in the midst of a crisis here — now is not the time to raise prices.'"
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