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Gas tax dips third straight month: ; Figures indicate fuel consumption is down,; meaning high gas prices should eventually decline
- Article from:
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Charleston Daily Mail
- Article date:
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June 4, 2008
- Author:
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Copyright informationCopyright 2008 Charleston Daily Mail. Provided by ProQuest LLC. (Hide copyright information)
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With gas prices lingering around $4 a gallon, fuel tax
collections have taken a hit in West Virginia.
Motorists are filling up their tanks more conservatively - or not
at all - as fuel tax revenues have dipped for the third consecutive
month, said Deputy Revenue Secretary Mark Muchow.
In May, the state collected $20.5 million, which is $5 million
less than the projected $25 million.
April's total was $30 million, off the mark by $3 million.
March's collection also accounted for $30 million, coming up about
$9 million short for that month's estimate.
Muchow said those figures indicate that fuel consumption is down,
meaning those sky-high gasoline prices should eventually plummet.
"At $4 a ...
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