July 5, 2018

24/7 Wall Street: 10 States With the Lowest Gas Prices Get Government Help

media mention

While oil prices are the major component of gas prices, state taxes are often overlooked. And they are unlikely to change very much. According to the Institute on Taxation and Economic Policy, most increases have been a few pennies, even as the number of states that have bumped them has grown. The organization reports: In total, 27 states have raised or reformed their gas taxes since 2013. That number could soon rise to 28, depending on the outcome of a 10-cent increase Missouri residents will vote on in November.

Most of these are below $0.10, and many are well below that level. Read more



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