Congress Proposes Repealing Superfund Oil Tax to Lower Gas Prices

February 12 – February 12, 2026

Senate and House lawmakers have introduced legislation to eliminate the federal Superfund tax on crude oil and petroleum products starting in 2026. The move aims to lower gasoline prices by reducing costs for refineries while shifting environmental cleanup funding to existing sources.

Policies— 2 policys

Senator Barrasso Proposes Ending Federal Oil Tax to Lower Prices at the Gas Pump

S. 3863

Congress Proposes Ending Oil Tax to Lower Gas Prices and Cut Environmental Cleanup Funding

H.R. 7527

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