If you live in New Jersey, it’s almost time to say goodbye to cheap gas
If you live in New Jersey, it’s almost time to say goodbye to cheap gas
Cheap gas is one of those things that we endlessly cross our fingers for, but if you live in New Jersey, whether you know it or not, you’ve been pretty much #blessed in the realm of gas. But, according to Business Insider, that blessing isn’t likely to last much longer, because gas in New Jersey is about to get more expensive. Folks with cars, time to listen up so you don’t get blindsided by this change!
So, why has gas in New Jersey always been so cheap?
Long story short: the state’s gas tax hasn’t changed in the last 30 or so years, leaving gas cheaper than other states. But things are going to change, and soon.
According to Business Insider, following the awful train crash in Hoboken, Governor Chris Christie is backing down on his no-tax-hikes — and accepted a $0.23-a-gallon increase.
“While I’m not authorizing any other tax increase during my time as governor, I’m authorizing this one because of the importance of the Transportation Trust Fund, the tax fairness that we’ve accomplished together and the compromise we’ve reached, and because we need to responsibly finance this type of activity.”
Hmmmmm. Interesting. We don’t know how to feel!
But it’s not all bad!
The goal of this measure is to help out New Jersey’s transportation fund, which should help improve things like bridges, tunnels, mass-transit, roadways and other transportation-related issues. Still, it’s good to pay attention, especially if this gets doubly-stressful thanks to the possibility of a federal rate increased, something that hasn’t happened since 1993.
We don’t know about you, but we’ll be keeping a close eye on this situation. The last thing we want is a 2000s-esque shock come super high gas prices.
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