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The party's over: End of gas tax holiday brings immediate 25-cent price hike
Sun SentinelNo paywall
That sudden surge in gas prices you may notice at the pump on Tuesday won’t be a result of the Ukraine War, a hurricane threatening the Gulf of Mexico or more OPEC production cuts.
No, gas prices are poised to rise about 25 cents a gallon on Tuesday because a monthlong gas tax holiday approved in May by the Florida Legislature and Gov. Ron DeSantis was set to expire Monday.
If you filled up a 15-gallon gas tank before the tax was reinstated, you could have saved up to $3.75.
Cushioning the blow somewhat is a 13-cent gas price decline in Florida over the past few weeks, so even after the state gas tax is reinstated, prices shouldn’t rebound to a level too much higher than they were before Oct. 1.
With Election Day looming, candidates tried to spin gas prices to their advantage.
During a gubernatorial debate last week in Fort Pierce, Democratic candidate Charlie Crist criticized the tax holiday being held in the run-up to the Nov. 8 election.
No, gas prices are poised to rise about 25 cents a gallon on Tuesday because a monthlong gas tax holiday approved in May by the Florida Legislature and Gov. Ron DeSantis was set to expire Monday.
If you filled up a 15-gallon gas tank before the tax was reinstated, you could have saved up to $3.75.
Cushioning the blow somewhat is a 13-cent gas price decline in Florida over the past few weeks, so even after the state gas tax is reinstated, prices shouldn’t rebound to a level too much higher than they were before Oct. 1.
With Election Day looming, candidates tried to spin gas prices to their advantage.
During a gubernatorial debate last week in Fort Pierce, Democratic candidate Charlie Crist criticized the tax holiday being held in the run-up to the Nov. 8 election.
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