Maryland and Georgia moved to temporarily suspend the tax Friday, as the average price for gasoline has hit a record high in recent days.
in July of 2008 when prices reached $4.11 per gallon. Currently, the country's average gas price is $4.26.Gas Buddy, a company that tracks fuel prices in the U.S., recently said that sanctions had crippled"Russia's ability to export crude oil, spiking gas prices by nearly 41 cents in the last seven days alone."
The governors of Georgia and Maryland signed legislation that temporarily suspends gas taxes in their states, as prices surge. Above a the pump at a gas station in Bethesda, Maryland on June 1, 2008.States other than Maryland and Georgia are also considering similar measures to provide relief for consumers. Legislators in New Jersey, Washington, New York, Pennsylvania and Maine have been mulling suspending gas taxes.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Maryland, Georgia move to temporarily suspend gas tax amid nationwide high pricesSome states are pressing ahead in an attempt to relieve the pain at the pump many Americans are feeling these days by temporarily suspending gas taxes to help lower high prices.
Read more »
Brian Kemp Suspends Georgia Gas Tax amid Record-High PricesGov. Brian Kemp (R) signed a bill Friday evening temporarily suspending Georgia’s excise tax on motor fuel, which is currently 29 cents per gallon.
Read more »
Amid soaring inflation, sky-rocketing gas prices, Congress brings back earmarks: 'Cocaine of this generation'Congress recently passed a massive spending bill that includes thousands of earmarks. Originally removed by the Republican Tea Party wave during former President Obama’s administration, earmarks were used for decades to give lawmakers a loophole to fund pet projects back home.
Read more »
High gas prices spark struggle for food truck vendors: 'You really have to roll the dice'Food truck vendors who cover their own gas are desperately trying to stay afloat amid record gas prices.
Read more »
How Chef José Andrés Is Helping Feed the Front Lines Amid Ukraine Crisis - E! OnlineChef José Andrés turned to what he does best to help those impacted by the Russian invasion: cook nourishing food. Here's how he helped feed those fleeing Ukraine.
Read more »