Georgia Gov. Brian Kemp said Tuesday he was working with state lawmakers to suspend the state's gas tax as officials around the country look for ways to offset skyrocketing fuel prices.
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Kemp is confident that the state government will soon drop its gas and diesel taxes.
The average price for a gallon of regular gasoline in Georgia is $4.06 per gallon, which is below the nationwide average of $4.17 but up around 10 cents from the price on Monday.
State lawmakers in New York are pushing to pause the state's collection of a 10 cents per gallon gas tax, with Gov. Kathy Hochul expressing skepticism of the proposal at an event Monday, but not ruling it out.
Massachusetts Gov. Charlie Baker said last week if the state were to look at easing residents' economic hardship in the short term, that would be a good thing.
A Republican state lawmaker in Maine proposed a bill to suspend the state's 30 cents per gallon gas tax for a year, but top lawmakers and Gov. Janet Mills haven't taken a position on the issue yet.
A group of six Democratic governors sent a letter to congressional leadership Tuesday asking them to drop the federal gas tax by the end of the year. The president might be open to the idea of a gas tax holiday.
The average price of a gallon of gas has risen at the fastest pace in history in the last few days. The previous high for the national average was $4.11 in July 2008. Fuel prices had been going up for more than a year across the U.S., with increases in energy prices leading the way in a historic period of inflation, but the spike reached uncharted territory after Russia invaded Ukraine. President Joe Biden announced a ban on all Russian oil imports to the US on Tuesday.
Biden said Tuesday that the Russian oil ban would go up further.
Georgia had a budget surplus of $3.7 billion. Kemp supports a plan to give some of the money back to residents through tax refunds of $250 for individuals and $500 for married couples.
Gas prices in the US are near all-time highs.
Democrats propose a gas tax holiday to combat rising prices.
Biden's historic ban on Russian oil will hit the economy.
Americans will feel the pain for a while due to the high gas prices.
Governors in some states want to give residents cash.
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