Kemp declares state of emergency, suspends gas tax

(The Center Square) — Georgia Governor Brian Kemp has declared a state of emergency and has suspended the state’s excise tax on motor and locomotive fuel for the next month.

The executive order, which the governor says is necessary because of high inflation, takes effect at 12 a.m. on Wednesday. It remains in effect until 11:59 p.m. on Oct. 12.

“From runaway federal spending to policies that hamstring domestic energy production, all Bidenomics has done is take more money out of the pockets of the middle class,” Kemp said in a Tuesday morning announcement.

“While high prices continue to hit family budgets, hardworking Georgians deserve real relief and that’s why I signed an executive order today to deliver it directly to them at the pump,” the governor added. “Working with partners in the General Assembly, we’ll continue to help Georgians weather the economic headwinds caused by this president, his administration, and their allies in Congress.”

Georgia collects 31.2 cents per gallon for gasoline and 35 cents per gallon for diesel fuel.

- Advertisement -

“This is great news for Main Street businesses,” National Federation of Independent Businesses State Director Hunter Loggins said in a news release. “The cost of fuel affects the cost of practically everything all along the production and distribution change. The average gas price in Georgia may be well below the record $4.50 a gallon set in the summer of 2022, but it’s still a lot higher than we were paying a year ago, and that leads to higher prices across the board.”

On Monday, AAA said Georgia’s gas prices have steadily declined for the past two weeks. As of Tuesday morning, Peach State motorists are paying an average price of $3.57 per gallon for regular unleaded gasoline, up from $3.242 a year ago and below the national average of $3.836.

“Despite the uptick in crude oil prices, Georgians are feeling some relief at the pump,” Montrae Waiters, AAA-The Auto Club Group spokeswoman, said in a Monday announcement. “Gas prices may ebb and flow until we get beyond hurricane season and its threats to Gulf Coast oil and gas production and refining.”

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Nearly 1M without power as massive winter storm rages

Nearly a million American homes are without power as...

Millions Brace for Dangerous Winter Storm Across U.S.

AURN News — More than 170 million, possibly more...

Critics slam Illinois’ $36M park grants as political, wasteful

(The Center Square) – The Pritzker administration’s recent announcement...

Has Modern Technology Killed Evolution?

To many people, the term theory sounds like the...

Everyday Economics: Fiscal reality meets Central Bank caution in week ahead

At Davos, Citadel CEO Ken Griffin pointed to Japan's...

Thundersleet and snow blanket Texas in day two of Arctic blast

(The Center Square) – Thundersleet and snow hit most...

Following GOP criticism, Pritzker finds $481.6 million in budget reserves

(The Center Square) – The Governor’s Office of Management...

The Schizophrenia Spectrum: Early Warning Signs And Vague Symptoms

Dr. Christopher Correll says a common misconception is that...

More like this
Related

Nearly 1M without power as massive winter storm rages

Nearly a million American homes are without power as...

Millions Brace for Dangerous Winter Storm Across U.S.

AURN News — More than 170 million, possibly more...

Critics slam Illinois’ $36M park grants as political, wasteful

(The Center Square) – The Pritzker administration’s recent announcement...

Has Modern Technology Killed Evolution?

To many people, the term theory sounds like the...