Democrats line up against gas tax holiday

House Democrats are gearing up against a gas tax holiday, creating additional hurdles for President Trump as he struggles to fight inflation and rising costs at the pump. This week the President proposed freezing the federal tax, currently 18.4 cents per gallon, in an effort to provide some relief to drivers… Source link

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Polestar CEO tells CNBC ‘pump anxiety’ has made EVs ‘all about money’

Electric-vehicle maker Polestar told CNBC Thursday that “range anxiety” has been replaced by “pump anxiety,” amid worries around a Middle East crisis that has global energy prices soaring. “People are concerned, ‘how much do I pay at the gas station?’” Polestar CEO Michael Lohscheller told CNBC’s “Squawk Box Europe.” The company is seeing increased demand…

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