Gas prices drop as NY suspends gas tax

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Gas prices drop as NY suspends gas tax
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Effective immediately, the state has suspended the 16-cent per gallon gas tax for the rest of 2022.

New York has suspended its state gas tax from now until the end of the year, meaning drivers will save 16 cents a gallon.The price for a gallon of gas at a Mobil station in Hauppauge on Long Island dropped 26-cents within seconds on Wednesday as New York suspended its gas tax. Effective immediately, the state has suspended the 16-cent per gallon gas tax for the rest of this year with some counties like Suffolk going a step further.

Along with Suffolk, Nassau and Westchester counties are capping taxes after $3 per gallon and Rockland County - at $2 a gallon. A move officials tell us will be absorbed by the individual counties and could save drivers 25-30 cents a gallon depending on the price of gasoline. The suspension is expected to save New Yorkers some $600 million across the state - but some have their reservations about the real solution.

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