New York suspends gas tax for rest of 2022

  • by:
  • Source: Fortune
  • 07/20/2023
Effective Wednesday, the state will suspend its gas tax for the rest of 2022. That could lower prices by 16 cents per gallon.

New York is currently averaging $4.93 per gallon, according to AAA. That’s a fair bit above the national average of $4.67. (Drivers in the New York City area are paying $5.03 for a gallon of regular unleaded.)

The move follows Connecticut’s decision to suspend its 25-cent-per-gallon gas tax earlier this year. New Jersey, so far, has not done away with its gas tax.

Some areas of the state could see even bigger discounts at the pump, as select counties that have their own gas taxes are capping how much they collect per fill-up at between $2 and $3 per gallon.

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