This evening, after submitting my scantron in the second town budget referendum, I had the dubious honor of buying gas for $4.279/gallon. Then I cam home and saw this article in the Courant:
[T]he state’s gross receipts tax on both gasoline and diesel will be going up July 1, and those prices are based on the wholesale price of fuel.
As a result, the state tax on diesel fuel in Connecticut will rise 7.7 cents per gallon, the tax department announced Monday.
And gasoline prices will jump three to four cents per gallon, depending on the wholesale price on that day. The increase is in addition to the 25-cent-per-gallon state tax on gasoline.
Well, I did say that higher gas prices would incent efficiency and conservation, and I am all for efficiency and conservation.
But still…unless there’s a significant drop in diesel prices before then, we’ll pass the $5/gallon diesel barrier that we’ve been flirting with locally for the past couple of weeks.