Gasoline tax jumped in Colorado to pay for highway projects

It was no April Fool’s joke that Colorado began collecting a 2-cent-a-gallon fee on gasoline purchases to help fund the state’s transportation project backlog.

Colorado’s average price of gasoline, according to AAA, is $3.46 a gallon but in some counties, it’s up to $4 a gallon.

The tax took effect April 1 after being approved in 2021 by the state legislature. It not only was tacked onto gasoline purchases but resulted in added fees on deliveries, rideshare rides and electric vehicles reported the Colorado Sun.

The paper indicated the tax will increase to 3 cents a gallon this summer.

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The post Gasoline tax jumped in Colorado to pay for highway projects first appeared on Oklahoma Energy Today.