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AmextaFinance > Investing > Georgia Governor Extends Fuel Tax Suspension — OPIS
Investing

Georgia Governor Extends Fuel Tax Suspension — OPIS

News Room
Last updated: 2023/11/09 at 6:12 AM
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Georgia Gov. Brian Kemp (R) on Wednesday extended the state’s suspension of taxes on gasoline and diesel until at least Nov. 29, when state lawmakers meet for a special legislative session.

The tax suspension was set to expire Saturday.

Kemp suspended the 31.2cts/gal tax on gasoline and 35cts/gal tax on diesel in September. Georgia is now one of eight U.S. states that see average prices for gasoline at less than $3/gal. Wednesday morning’s statewide average of $2.8909/gal is the second lowest average in the country.

The special session is scheduled to see state legislators come up with a plan for redistricting Georgia congressional and state legislative districts, which were ruled illegal by a federal judge.

When the suspension was announced in September, Georgia prices were higher than a year ago. This morning, Georgia regular gasoline is 23.65cts/gal below numbers registered on this day in 2022.

This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal.


–Reporting by Tom Kloza, [email protected]; Editing by Michael Kelly, [email protected]

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News Room November 9, 2023 November 9, 2023
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