July 5, 2018

Fox Business: Higher State Taxes, Not OPEC, Boosting Gas Prices

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In July, Oklahoma, South Carolina and Tennessee were among seven states that raised their gas taxes Opens a New Window. . At least 27 states have raised or updated their gas taxes since 2013, according to a report from the Institute on Taxation and Economic Policy Opens a New Window. .

California – where drivers pay some of the highest gas prices in the country – for example, implemented a 12-cent gas tax increase in November. Oregon, where prices are well above the national average at nearly $3.32 per gallon, hiked its gas tax in January. Read more



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