State taxes adding about a quarter to gas prices, U.S. government says

4 Oct 2017   Prices, USA

On average, U.S. consumers are paying about 28 cents more for a gallon of gas than they were last year because of higher taxes, the government said. A briefing from the U.S. Energy Information Administration published Tuesday said that the average taxes and fees in all 50 states, plus the District of Columbia, in place as of July 1 added 27.9 cents to the price per gallon. Motor club AAA reports a national average retail price for regular unleaded gasoline at $2.54 per gallon, up 32 cents from this date last year. The four-week moving average, based on federal data, is 38 cents higher than last year, though recent prices are skewed higher because of […]

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