Experts: Drivers may not see savings as soon as gas tax holiday begins April 1

Gas retailers say those minimal savings may not be felt right away and believe they might be unfairly seen as price gouging. That's because retailers received their gas deliveries ahead of the gas tax suspension and already paid for it taxed, while the state says no gas station can charge the tax as of April 1.

News 12 Staff

Mar 31, 2022, 11:53 PM

Updated 840 days ago

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The state's gas tax holiday will go into effect on April 1. Drivers could save 25 cents less per gallon at the pump, but the price reduction may not come right away.
If you have a car that holds 10 to 15 gallons of gas, experts say you would save about $2.50 a week or $10 a month on average.
Gas retailers say those minimal savings may not be felt right away and believe they might be unfairly seen as price gouging. That's because retailers received their gas deliveries ahead of the gas tax suspension and already paid for it taxed, while the state says no gas station can charge the tax as of April 1.
"Even though they ordered gas for tomorrow to get the cheaper price, their gas was delivered today with the tax. It means tomorrow those retailers will go more than likely will not be going down because they already got their delivery and they pay 25 cents more and that is creating the problem," said Michael Fox, of Gasoline and Automotive Service Dealers of America.
News 12 asked the state Attorney General's Office about the possibility of gas stations not lowering prices directly following the suspension. A spokesperson said in a statement, "The statute says gas stations may not charge the tax as of April 1. Period. That's what the law says, and that is what we will follow. "
Any retailer suspected of charging the tax will be subjected to an investigation by the Attorney General's Office.


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