Biden Says He's Considering a Fed Gas Tax Holiday

The transcript discusses the President's consideration of an oil tax, with a decision expected soon. The President's team plans to meet with major oil company CEOs to discuss their profits and refining practices. The discussion highlights issues with oil refining and the transition to renewable energy, questioning the companies' reluctance to refine more oil despite having numerous leases.

What does the speaker hope to achieve by the end of the week?

What is the implication of moving to alternative energy as discussed in the text?