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by pridkett 1458 days ago
And there’s a natural experiment in New England. Connecticut has suspended it’s gas tax until the end of the year - that’s $0.25/gal less in fuel costs. Rhode Island and Massachusetts have not.

In April when this first happened, gas prices in CT dropped fell quickly from being $0.05/gal more than MA and $0.10/gal more than RI to being $0.20/gal less than MA and $0.15/gal less than RI. Basically, there was a $0.25 drop in prices.

But, over time, that difference has whittled away to the point where gas in CT is about $0.05/gal cheaper than both MA and RI.

Looks like they knew people were looking for the discount at first and now that’s slowly ebbing away and CT will be in for a shock on January 1st. And much further down the road as the state has sacrificed its transportation coffers for nothing.

data were eyeballed from a graph on gasbuddy.com - https://charts.gasbuddy.com/ch.gaschart?Country=USA&Crude=f&...