Congress has cut federal funding for public media — a $3.4 million loss for LAist. We count on readers like you to protect our nonprofit newsroom. Become a monthly member and sustain local journalism.
Schiff's New Bill Would Suspend The Gas Tax And Charge Oil Companies
Congressman Adam Schiff introduces a bill to suspend the federal gas tax.
(
Courtesy Congressman Adam Schiff via Facebook
)
Burbank Congressman Adam Schiff is calling for a suspension of the federal gas tax, which would save you about 18 cents a gallon.
"For consumers struggling to get by, every bit matters, but also it's important I think to take action against oil companies that are making record profits right now," he said.
Southern California gas prices keep setting records with the average price of a gallon of regular now well above $6 in Los Angeles and Orange counties.
I just introduced a bill to suspend the federal gas tax.
— Adam Schiff (@RepAdamSchiff) May 31, 2022
To deliver savings for the millions of families struggling to get by.
We’ll pay for it with a tax on the excess profits of Big Oil companies.
It's time they paid their fair share - and you got a break at the pump.
Support for LAist comes from
Schiff introduced a bill that would put the federal gas tax on hold through the end of next year. To make up for the loss in funding to the Highway Trust Fund, the bill calls for a 50% tax on oil company profits, which have soared this year.
"It's not even saying they can't make more profit than they did pre-pandemic, he said, "but it is saying that they shouldn't be sticking it to the consumer and gouging people and making 300% more while we're suffering these gas prices."
A Republican National Committee spokesperson responded with a statement accusing California Democrats of taking too long to seek relief for drivers.
As Editor-in-Chief of our newsroom, I’m extremely proud of the work our top-notch journalists are doing here at LAist. We’re doing more hard-hitting watchdog journalism than ever before — powerful reporting on the economy, elections, climate and the homelessness crisis that is making a difference in your lives. At the same time, it’s never been more difficult to maintain a paywall-free, independent news source that informs, inspires, and engages everyone.
Simply put, we cannot do this essential work without your help. Federal funding for public media has been clawed back by Congress and that means LAist has lost $3.4 million in federal funding over the next two years. So we’re asking for your help. LAist has been there for you and we’re asking you to be here for us.
We rely on donations from readers like you to stay independent, which keeps our nonprofit newsroom strong and accountable to you.
No matter where you stand on the political spectrum, press freedom is at the core of keeping our nation free and fair. And as the landscape of free press changes, LAist will remain a voice you know and trust, but the amount of reader support we receive will help determine how strong of a newsroom we are going forward to cover the important news from our community.
Please take action today to support your trusted source for local news with a donation that makes sense for your budget.
Thank you for your generous support and believing in independent news.
Chip in now to fund your local journalism
(
LAist
)
Trending on LAist
-
Isolated showers can still hit the L.A. area until Friday as remnants from the tropical storm move out. -
First aspiring spectators must register online, then later in 2026 there will be a series of drawings. -
It's thanks to Tropical Storm Mario, so also be ready for heat and humidity, and possibly thunder and lightning. -
![A Black woman sits at a dais with a flag in the background. A name placard in front of her reads: Dr. Va Lecia Adams Kell[um].](https://scpr.brightspotcdn.com/dims4/default/5425437/2147483647/strip/true/crop/6298x3897+0+0/resize/640x396!/quality/90/?url=http%3A%2F%2Fscpr-brightspot.s3.us-west-2.amazonaws.com%2F76%2F00%2Febed9a7a4fbd9e5ba12997e51d59%2Fgettyimages-1258669633.jpg)
L.A. County investigators have launched a probe into allegations about Va Lecia Adams Kellum and people she hired at the L.A. Homeless Services Authority. -
L.A. Mayor Karen Bass suspended a state law allowing duplexes, calling more housing unsafe. But in Altadena, L.A. County leaders say these projects could be key for rebuilding. -
This measure on the Nov. 4, 2025, California ballot is part of a larger battle for control of the U.S. House of Representatives next year.
![A Black woman sits at a dais with a flag in the background. A name placard in front of her reads: Dr. Va Lecia Adams Kell[um].](https://scpr.brightspotcdn.com/dims4/default/45c201e/2147483647/strip/true/crop/6298x3894+0+0/resize/786x486!/format/webp/quality/90/?url=http%3A%2F%2Fscpr-brightspot.s3.us-west-2.amazonaws.com%2F76%2F00%2Febed9a7a4fbd9e5ba12997e51d59%2Fgettyimages-1258669633.jpg)
Best of LAist