The current trend in gas prices is expected to continue

002 gas diesel pumps

After reaching a new high a week ago, the price of gasoline has continued to fall.

According to the latest AAA figures, the average price of a gallon of gasoline in the United States fell to $4.262 on Saturday. On Friday, the cost was $4.274.

The previous high, reached on March 11, was $4.33.

several lawmakers made moves Friday to lessen the pinch on consumers’ wallets caused by the rise in gas prices.

In Michigan, Gov. Gretchen Whitmer proposed temporarily freezing Michigan’s 6% sales tax on gasoline and diesel fuel as a way to lower high pump prices and keep intact road and bridge funding.

The Democratic governor made the announcement as she told legislators she would veto a Republican attempt to put a six-month moratorium on another gas and diesel tax, the 27.2-cent-per-gallon levy.

In reaction to increasing petrol prices, Maryland Governor Larry Hogan, a Republican, promptly enacted a 30-day suspension of the state’s gas tax.

The Maryland bill affects the state’s 36-cent-per-gallon fuel tax. A driver with a 12-gallon tank will save approximately $4.32 for every fill-up. It also applies to the almost 37-cent diesel fuel tax imposed by the state.

Exit mobile version