Monday, May 3, 2010

Gas Prices Up

At $2.869, the cost of a gallon of regular unleaded is up $.06 this month, $.24 on the year, and up $.83 from a year ago. (Figures from AAA Southern New England.)

Meanwhile, fuel economy goes up, making gas-tax revenue per mile driven lower. And, the cost of road maintenance and construction, which is highly tied to the cost of oil, will go up.

It's time for a gas tax hike.