Thursday, January 2, 2014

Gas tax dips, but consumers may not benefit soon

Kentucky motorists eventually may see a little relief at gas pumps. Starting Wednesday, the state’s gas tax declined from 25.9 cents to 24.4 cents per gallon – a move that reflects a drop in a calculated average of wholesale fuel costs.

Although the decrease started yesterday, the drop may not immediately be evident, said Theresa Podguski, director of legislative affairs for AAA.

“What we’ve found is that when there is a decrease in the gas tax, it takes some time for it to work its way into the pump,” she said, noting retailers already have paid for gas headed to the pumps. “Consumers won’t see it right away. It’s hard to say if you’re going to see it at all.”

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