And near the end of summer, the new
The average price of a gallon of gasoline in
The national average price of gasoline has risen 6.5 cents per gallon in the last week, averaging $2.62 per gallon. The national average is up 22.2 cents per gallon from a month ago, yet stands 2.1 cents per gallon higher than a year ago.
Revenue from the tax will go primarily to road and bridge projects. Each 1 cent increase is estimated to be worth $32 million in new revenue, with the complete 10-cent increase expected to raise more than $300 million.
“Excess inventory of winter gasoline paved the way for deep discounts in some states after the holidays, and now with the transition to cleaner, more expensive summer gasoline underway, supply has tightened, and those previous deep discounts have vaporized,” DeHaan said. “The news doesn’t get much better either: motorists can expect the jumps at the pump to continue into April, and perhaps even lasting up to
With prices ticking up, motorists will also see a new round of work along
Also, on Thursday, the contractor will be repairing asphalt between the
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