As gas prices remain near record highs, New York has become the latest state to suspend its gas tax in an effort to give drivers some relief at the pump.
The suspension of the 16-cents-per-gallon tax runs from June 1 through the end of the year.
The climbing prices come as millions of Americans are set to hit the road on vacations over the summer for the first time in a couple of years after travel plunged during the coronavirus pandemic. AAA forecast the season would kick off with 39.2 million people traveling over the Memorial Day weekend, up from last year and just below pre-pandemic levels.
The move is not working the way consumers may have expected, said Patrick De Haan, head of petroleum analysis at GasBuddy.
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