Rising U.S. gasoline prices—up more than $1.50 per gallon since February 2026 amid U.S. and Israeli operations against Iran and subsequent Persian Gulf disruptions—prompted President Trump and Republican lawmakers in May 2026 to back a temporary suspension of the 18.4-cent federal excise tax. Multiple bills, including Sen. Hawley’s 90-day Gas Tax Suspension Act and longer-term House measures, were introduced in the 119th Congress to pause the tax on gasoline and diesel, with provisions directing suppliers to pass savings to consumers. Passage would require congressional action and could reduce Highway Trust Fund revenue by billions while providing limited per-gallon relief. No suspension has been enacted as of mid-August 2026, leaving the outcome dependent on legislative priorities, fiscal trade-offs, and any further price volatility before year-end deadlines.
Eksperimental na AI-generated summary na nire-reference ang Polymarket data. Hindi ito trading advice at wala itong papel sa kung paano nire-resolve ang market na ito. · Na-update$32,038 Vol.
Nov 2, 2026
November 2
16%
$32,038 Vol.
November 2
$10,072 Vol.
16%
On May 11, 2026, Trump proposed suspending the federal gas tax.
This market will resolve to "Yes" if legislation that would, at least temporarily, suspend the federal excise tax on gasoline is passed by both chambers of the U.S. Congress and signed into law by the specified date (ET). Otherwise, this market will resolve to "No".
Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire will not qualify.
The primary resolution sources for this market will be Congress.gov’s legislation tracker (https://www.congress.gov/bill/119th-congress/house-bill/22), the Library of Congress (congress.gov), and other official information from the government of the United States; however, a consensus of credible reporting may also be used.Rising U.S. gasoline prices—up more than $1.50 per gallon since February 2026 amid U.S. and Israeli operations against Iran and subsequent Persian Gulf disruptions—prompted President Trump and Republican lawmakers in May 2026 to back a temporary suspension of the 18.4-cent federal excise tax. Multiple bills, including Sen. Hawley’s 90-day Gas Tax Suspension Act and longer-term House measures, were introduced in the 119th Congress to pause the tax on gasoline and diesel, with provisions directing suppliers to pass savings to consumers. Passage would require congressional action and could reduce Highway Trust Fund revenue by billions while providing limited per-gallon relief. No suspension has been enacted as of mid-August 2026, leaving the outcome dependent on legislative priorities, fiscal trade-offs, and any further price volatility before year-end deadlines.
On May 11, 2026, Trump proposed suspending the federal gas tax.
This market will resolve to "Yes" if legislation that would, at least temporarily, suspend the federal excise tax on gasoline is passed by both chambers of the U.S. Congress and signed into law by the specified date (ET). Otherwise, this market will resolve to "No".
Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire will not qualify.
The primary resolution sources for this market will be Congress.gov’s legislation tracker (https://www.congress.gov/bill/119th-congress/house-bill/22), the Library of Congress (congress.gov), and other official information from the government of the United States; however, a consensus of credible reporting may also be used.
This market will resolve to "Yes" if legislation that would, at least temporarily, suspend the federal excise tax on gasoline is passed by both chambers of the U.S. Congress and signed into law by the specified date (ET). Otherwise, this market will resolve to "No".
Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire will not qualify.
The primary resolution sources for this market will be Congress.gov’s legislation tracker (https://www.congress.gov/bill/119th-congress/house-bill/22), the Library of Congress (congress.gov), and other official information from the government of the United States; however, a consensus of credible reporting may also be used.
Binuksan ang Market: May 12, 2026, 1:38 PM ET
Volume
$32,038Petsa ng Pagtatapos
Dec 31, 2026Binuksan ang Market
May 12, 2026, 1:38 PM ETResolver
0x65070BE91...On May 11, 2026, Trump proposed suspending the federal gas tax.
This market will resolve to "Yes" if legislation that would, at least temporarily, suspend the federal excise tax on gasoline is passed by both chambers of the U.S. Congress and signed into law by the specified date (ET). Otherwise, this market will resolve to "No".
Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire will not qualify.
The primary resolution sources for this market will be Congress.gov’s legislation tracker (https://www.congress.gov/bill/119th-congress/house-bill/22), the Library of Congress (congress.gov), and other official information from the government of the United States; however, a consensus of credible reporting may also be used.Rising U.S. gasoline prices—up more than $1.50 per gallon since February 2026 amid U.S. and Israeli operations against Iran and subsequent Persian Gulf disruptions—prompted President Trump and Republican lawmakers in May 2026 to back a temporary suspension of the 18.4-cent federal excise tax. Multiple bills, including Sen. Hawley’s 90-day Gas Tax Suspension Act and longer-term House measures, were introduced in the 119th Congress to pause the tax on gasoline and diesel, with provisions directing suppliers to pass savings to consumers. Passage would require congressional action and could reduce Highway Trust Fund revenue by billions while providing limited per-gallon relief. No suspension has been enacted as of mid-August 2026, leaving the outcome dependent on legislative priorities, fiscal trade-offs, and any further price volatility before year-end deadlines.
On May 11, 2026, Trump proposed suspending the federal gas tax.
This market will resolve to "Yes" if legislation that would, at least temporarily, suspend the federal excise tax on gasoline is passed by both chambers of the U.S. Congress and signed into law by the specified date (ET). Otherwise, this market will resolve to "No".
Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire will not qualify.
The primary resolution sources for this market will be Congress.gov’s legislation tracker (https://www.congress.gov/bill/119th-congress/house-bill/22), the Library of Congress (congress.gov), and other official information from the government of the United States; however, a consensus of credible reporting may also be used.
This market will resolve to "Yes" if legislation that would, at least temporarily, suspend the federal excise tax on gasoline is passed by both chambers of the U.S. Congress and signed into law by the specified date (ET). Otherwise, this market will resolve to "No".
Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire will not qualify.
The primary resolution sources for this market will be Congress.gov’s legislation tracker (https://www.congress.gov/bill/119th-congress/house-bill/22), the Library of Congress (congress.gov), and other official information from the government of the United States; however, a consensus of credible reporting may also be used.
Volume
$32,038Petsa ng Pagtatapos
Dec 31, 2026Binuksan ang Market
May 12, 2026, 1:38 PM ETResolver
0x65070BE91...Rising U.S. gasoline prices—up more than $1.50 per gallon since February 2026 amid U.S. and Israeli operations against Iran and subsequent Persian Gulf disruptions—prompted President Trump and Republican lawmakers in May 2026 to back a temporary suspension of the 18.4-cent federal excise tax. Multiple bills, including Sen. Hawley’s 90-day Gas Tax Suspension Act and longer-term House measures, were introduced in the 119th Congress to pause the tax on gasoline and diesel, with provisions directing suppliers to pass savings to consumers. Passage would require congressional action and could reduce Highway Trust Fund revenue by billions while providing limited per-gallon relief. No suspension has been enacted as of mid-August 2026, leaving the outcome dependent on legislative priorities, fiscal trade-offs, and any further price volatility before year-end deadlines.
Eksperimental na AI-generated summary na nire-reference ang Polymarket data. Hindi ito trading advice at wala itong papel sa kung paano nire-resolve ang market na ito. · Na-update
Mag-ingat sa mga external link.
Mag-ingat sa mga external link.
Mga Madalas na Tanong