Twin tax hikes to hit drivers
Story Date: 12/30/2011

 

Source: Bruce Siceloff, NEWS & OBSERVER, 12/30/11


Triangle drivers could see gasoline prices climb 8 cents a gallon in January, when the state motor fuels tax will grow by 3.9 cents and a federal ethanol tax break worth 4.5 cents a gallon will go away. Petroleum wholesalers will be hit directly with the twin tax increases, and industry officials say they'll surely pass them along to consumers.

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