New York, (EFE) – The price of Petroleum Texas Intermediate (WTI) opened this Wednesday with a drop of 6.30%, to 102.62 dollars a barrel, a fall that is recorded hours before the president of the United States, Joe Biden, requests a suspension of July to September of the federal gas tax.
At 0900 New York local time (1300 GMT), WTI futures contracts for delivery in August were down $6.90 from the previous session’s close.
According to local media reports, Biden could ask Congress today to greenlight a three-month suspension of the 18.4-cent-per-gallon federal tax on gasoline and ask states to suspend their fuel taxes.
