From June 1, gasoline will become cheaper in New York: how much and how long discounts will last

From the first day of summer in New York, gasoline prices will significantly fall, reports State of politics.

The fact is that from June 1, the state will suspend the collection of taxes on gasoline. The decision was made by state legislators as part of the budget in April. It will enter into force on Wednesday (June 1) and will last until the end of the year (December 31).

On the subject: Gasoline prices in New York hit a record high as inflation hits wallets

At the moment, the average price of gasoline in the country exceeds $4,60 per gallon. While the average price in the state of New York reaches almost $5 per gallon. These are unprecedented fuel prices, so the abolition of the tax will definitely please motorists.

The suspension of the gasoline tax is expected to save New Yorkers 16 cents per gallon. That's projected to be more than $600 million in total savings across the state.

New York State has not only eliminated its portion of the gasoline tax, but has also given counties permission to cut local fuel taxes. Many of them have already taken these steps. In particular, this has already been done in the counties of Oswego, Onondaga, Monroe and Dutchess.