San Diego expert provides insight into possible gas tax holiday

SAN DIEGO (KGTV) – Fuel costs nationally and in San Diego are making filling up gasoline tanks a painful activity, and with that, President Biden is contemplating a brief halt within the federal gasoline tax to assist fight the excessive costs.

“I hope I’ve a choice based mostly on knowledge I am searching for by, by the top of the week,” Biden stated.

“I believe all of us sympathize with anyone that has to replenish their tank and that is most of us,” stated Craig Barkacs, of the College of San Diego’s Knauss College of Enterprise.

Barkacs stated that whereas the White Home could also be attempting to assist out drivers, it could not present that well-sought-after aid.

“It doesn’t matter what the federal government does with respect to the gasoline tax, there is no assure that shall be handed by way of to the patron. I imply, fairly frankly, oil firms can truly increase costs to fill that hole,” Barkacs stated.

Barkacs additionally informed ABC 10News {that a} doable gasoline tax vacation might affect different wants as nicely.

“In case you take away the gasoline tax, the gasoline tax is for, for instance, street repairs. And, clearly, nobody goes to say that our street do not want repairing,” Barkacs stated.

In San Diego, the value of a gallon has dropped barely for 5 straight days, nevertheless it’s nonetheless a lot increased than a 12 months in the past.

“The common in San Diego is now $2.11 increased per gallon than final 12 months presently,” stated Auto Membership of Southern California spokesperson Doug Shupe.

The Auto Membership of Southern California stated there is a purpose for the minor dips.

“The demand has seen a really slight dip in current days prone to the record-breaking pump costs that so many drivers have needed to pay. It is seemingly main many individuals to make decisions of their day by day driving routines,” Shupe stated.

The seek for assist on the pump stretches to Sacramento as nicely; state regulation makers are searching for solutions whereas forming a committee to research gasoline worth hikes.

They will have a look at the explanations behind the excessive costs and listen to suggestions for easy methods to ease the burden.