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Tuesday, nov 26
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New Jersey Gasoline-Convenience-Automotive Association
News
NJ's Gas Tax Drops
The Garden State’s gas tax drops Friday by several cents per gallon, offsetting last October’s pandemic-related increase. The tax decreased by 8.3 cents and now totals 42.4 cents per gallon following the last increase of 9.3 cents, News12 reports. Meanwhile, the tax for diesel is dropping from 57.7 to 49.4 cents per gallon, state officials confirmed in August. While New Jersey previously had one of the lowest gas tax rates in the country, the rates have spiked more than 36 cents per gallon since 2016 — the main cause being a 23 cent increase under former Gov. Chris Christie for rail a…