What Would A Gas Tax Break Feel Like For Drivers?

Even if the gas tax is lifted, gas companies could keep the savings for themselves or raise prices to fill the gap.

President Biden is desperately hoping for any price drop at the pump, as drivers coast to coast shuffle budgets to keep up with the sky-high cost of gas.

The president wants Congress to lift the 18 cents-per-gallon the federal government charges and is calling on states to suspend their taxes, too.

"No matter what the government does with the gas tax, there’s no guarantee that that will be passed to the consumer," said Craig Barkacs, business school professor at the University of San Diego.