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Feds could cut the fuel tax, like Germany has done. https://www.bloomberg.com/news/articles/2022-03-24/germany-to-cut-fuel-tax-to-help-ease-burden-of-energy-pr

• yakak 4y ago
  Raise fuel tax. If one canceled a fuel tax equal to a cost increase the demand stays the same and the whole point is that demand is higher than supply so the increase comes anyway, but oil producers get to keep the money.
• Dma54rhs 4y ago
  Every Western government is looking into it. UK has already done it, many more to come.
  • usr1106 4y ago
    Yes many do, but still it's completely wrong. Lower taxes never get fully passed through to the customer. "The markets" make sure that parts of the money remains as higher prices. The high prices have made Russian oil income grow, not shrink since 24-Feb. (That's not the fault of any tax reductions, but tax reductions will increase consumption which will certainly not help the problem.)