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The 'Pay Less at the Pump Act', introduced by Senators John Barrasso and Mike Carey, seeks to repeal the Superfund Tax on crude oil and imported petroleum products. This tax, reinstated at 16.4 cents per barrel, has been linked to rising fuel and consumer prices.

Repealing the tax is expected to benefit domestic energy producers and lower overall energy costs. The bill has bipartisan support from Republican senators and is backed by industry groups such as the Petroleum Association of Wyoming and the American Petroleum Institute, who argue it increases production costs and undermines U.S. competitiveness. Funds from the Superfund tax are used by the EPA for environmental cleanup.