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New Jersey Gas Taxes Set to Raise October 1st

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the staff of the Ridgewood blog

Trenton NJ as expected ,the price of gasoline is set to increase further in New Jersey. The state Treasury Department announced Thursday that starting Oct. 1 the New Jersey gas tax will increase by 4.3 cents per gallon. The department claims  that lower fuel consumption levels over the past two years necessitated the price increase “in order to ensure compliance with the 2016 law that requires a steady stream of revenue to support the state’s Transportation Trust Fund program.” As more people flee the state , and gas prices raise it seems certain that consumption will further decrease .

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