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Business

As New York’s fuel prices soar, state lawmakers look at possible gas tax breaks and combating price gougers

By Robert Pozarycki Posted on March 9, 2022
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Petroleum prices around the world are off the charts thanks to the Russian invasion of Ukraine, and drivers and truckers across New York are feeling the pain passed onto them every time they gas up.

The American Automobile Association (AAA) reported that average prices for a gallon of regular octane gasoline in New York City on Tuesday had climbed to an all-time high on Wednesday of $4.463 cents, up more 6 1/2 cents in just 24 hours. Diesel prices were even worse, at $5.159 a gallon on Tuesday, hovering just under the record high of $5.263 set back in July 2008.

See the full article at amNewYork

As New York’s fuel prices soar, state lawmakers look at possible gas tax breaks and combating price gougers

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