Energy secretary says administration is open to suspending federal gas tax

The Trump administration says it's open to suspending the federal gas tax as prices climb

The national average now sits at $4.52 a gallon. That's up more than 50 percent since the war with Iran began

Drivers pay about 18 cents a gallon in federal taxes. Even if that tax is paused, prices would still stay well above pre-war levels

Oil flow through the Strait of Hormuz remains effectively blocked. blocked. That's tightening supply and keeping pressure on prices. The administration says

it's looking at ways to bring costs down, but won't predict where prices go next

Here's Energy Secretary Chris Wright on NBC Sunday. All measures that can be taken to lower the price at the pump and lower the prices for

Americans this administration is in support of. You're saying that you, that President Trump

would be open to suspending the federal gas tax? We're open to all ideas

Everything has trade-offs. All ideas to lower prices for American consumers and American businesses

Any gas tax holiday would require Congress to act. Wright said prices are likely to stay high until the conflict in Iran ends

He would not rule out prices hitting $5 a gallon before that happens