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Article: With reduction of tax, most gas stations in South Florida lower prices.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- August 3, 2004
CopyrightCOPYRIGHT 2004 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Joseph Mann, South Florida Sun-Sentinel Knight Ridder/Tribune Business News
Aug. 3--One gas station manager in Fort Lauderdale said he "forgot" about the gas tax holiday that started Sunday, when gasoline retailers statewide were supposed to cut pump prices by 8 cents a gallon.
A few gas retailers, who reduced prices by less than 8 cents a gallon, said wholesalers raised gas prices just before Sunday, so they couldn't afford to give consumers the full tax cut without losing money.
But most South Florida gas stations complied with the state's first temporary reduction in the gasoline sales tax, lopping off 8 cents per gallon, according ...