98.7 The Coast Gas Prices

GAS TAX HIKE NEGOTIATED, EXPECT TO PAY MORE AT THE PUMP

Expect to pay more for gasoline, and soon.  Governor Christie and democratic leaders in Trenton have reached an agreement to raise the state’s gas tax by 23 cents per gallon in order to finance the Transportation Trust Fund.  The tax will generate $16 billion for various transportation projects over eight years.  The gas tax increase will be approved by lawmakers this week and be in effect at the pumps in a few weeks.

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