**High gasoline prices near $5 per gallon, driven by the Iran conflict and Strait of Hormuz disruptions since early 2026, have renewed calls to suspend the federal 18.4-cent excise tax.** President Trump has publicly endorsed a temporary pause, and bipartisan legislation has been introduced in Congress, including 90-day suspensions from Sen. Josh Hawley and measures extending through October from Sens. Mark Kelly and Richard Blumenthal. No federal gas tax holiday has ever passed, as only Congress holds taxation authority and the president cannot act unilaterally. Proposals often address Highway Trust Fund revenue losses, which could reach billions over several months. State-level suspensions, such as Indiana’s extension through early October 2026, continue amid similar price pressures. Trader focus centers on legislative momentum, scheduled congressional action, and any shifts in energy market conditions or geopolitical developments through the fall.
Experimentelle KI-generierte Zusammenfassung mit Polymarket-Daten. Dies ist keine Handelsberatung und spielt keine Rolle bei der Auflösung dieses Marktes. · Aktualisiert$36,237 Vol.
2. Nov. 2026
November 2
5%
$36,237 Vol.
November 2
$13,871 Vol.
5%
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.**High gasoline prices near $5 per gallon, driven by the Iran conflict and Strait of Hormuz disruptions since early 2026, have renewed calls to suspend the federal 18.4-cent excise tax.** President Trump has publicly endorsed a temporary pause, and bipartisan legislation has been introduced in Congress, including 90-day suspensions from Sen. Josh Hawley and measures extending through October from Sens. Mark Kelly and Richard Blumenthal. No federal gas tax holiday has ever passed, as only Congress holds taxation authority and the president cannot act unilaterally. Proposals often address Highway Trust Fund revenue losses, which could reach billions over several months. State-level suspensions, such as Indiana’s extension through early October 2026, continue amid similar price pressures. Trader focus centers on legislative momentum, scheduled congressional action, and any shifts in energy market conditions or geopolitical developments through the fall.
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.
Markt eröffnet: May 12, 2026, 1:38 PM ET
Volumen
$36,237Enddatum
3. Nov. 2026Markt eröffnet
May 12, 2026, 1:38 PM ETAbwickler
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.**High gasoline prices near $5 per gallon, driven by the Iran conflict and Strait of Hormuz disruptions since early 2026, have renewed calls to suspend the federal 18.4-cent excise tax.** President Trump has publicly endorsed a temporary pause, and bipartisan legislation has been introduced in Congress, including 90-day suspensions from Sen. Josh Hawley and measures extending through October from Sens. Mark Kelly and Richard Blumenthal. No federal gas tax holiday has ever passed, as only Congress holds taxation authority and the president cannot act unilaterally. Proposals often address Highway Trust Fund revenue losses, which could reach billions over several months. State-level suspensions, such as Indiana’s extension through early October 2026, continue amid similar price pressures. Trader focus centers on legislative momentum, scheduled congressional action, and any shifts in energy market conditions or geopolitical developments through the fall.
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.
Volumen
$36,237Enddatum
3. Nov. 2026Markt eröffnet
May 12, 2026, 1:38 PM ETAbwickler
0x65070BE91...**High gasoline prices near $5 per gallon, driven by the Iran conflict and Strait of Hormuz disruptions since early 2026, have renewed calls to suspend the federal 18.4-cent excise tax.** President Trump has publicly endorsed a temporary pause, and bipartisan legislation has been introduced in Congress, including 90-day suspensions from Sen. Josh Hawley and measures extending through October from Sens. Mark Kelly and Richard Blumenthal. No federal gas tax holiday has ever passed, as only Congress holds taxation authority and the president cannot act unilaterally. Proposals often address Highway Trust Fund revenue losses, which could reach billions over several months. State-level suspensions, such as Indiana’s extension through early October 2026, continue amid similar price pressures. Trader focus centers on legislative momentum, scheduled congressional action, and any shifts in energy market conditions or geopolitical developments through the fall.
Experimentelle KI-generierte Zusammenfassung mit Polymarket-Daten. Dies ist keine Handelsberatung und spielt keine Rolle bei der Auflösung dieses Marktes. · Aktualisiert
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