The United States may see a decrease in gas price if a bill is passed in order to provide a tax holiday on gas. In my recent study in economics I do not see any good coming out of this. Yes, gas prices will be reduced for a while but only in the short run. The demand for gas during this tax break will continue to increase and it the demand will remain the same after the break. The supply is still decreasing and I could imagine after this tax break the gas price will become more expensive.
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