Gas Tax

Among the ideas being studied by New Jersey and other Eastern states is a mileage-based user fee, as a gas tax doesn’t generate revenue from people who drive electric cars.

Considering the record revenues and surplus, there was quite a bit of angst as the Assembly Budget Committee met with Gov. Phil Murphy's treasurer.

Gov. Phil Murphy supports a federal gas tax holiday. The state's tax of 42.4 cents a gallon is set by a statutory formula and would need a law to change it.

Gas prices are spiking and the increase in New Jersey this month has been 1.7 cents more than nationally, despite an 8.3 cent cut in the state gas tax.

It wasn’t your imagination. Gas prices in New Jersey didn’t go down when the gas tax dropped 8.3 cents last Friday.

If you need gas for your car but want to save a buck or two, you might want to wait for Friday when New Jersey's gas tax goes down by 8.3 cents a gallon.

The gas tax is adjusted each year, depending on recent collections and a forecast for the year ahead. Last year's 9.3-cent hike is being mostly reversed.

At an Assembly budget committee hearing, the state transportation commissioner warns the budget adopted next summer will be quite challenging for NJ Transit.

State gas taxes in New Jersey will rise to 50.7 cents per gallon. Gas consumption is down in the COVID-19 recession, triggering a hike under a state formula.

New Jersey's gas tax rises each year as sales decline, to ensure the state a steady level of revenue. The stay-at-home order has made gasoline sales shrivel.