Gas Prices Won't Drop In Washington Any Time Soon

The Dividend Investing Dad
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That national average gas price is $4.12. In the great state of Washington, our average gas price is $4.69, an entire $0.57 more than the rest of the nation. The highest average prices per county are $5.23!

The bill at the gas pump is starting to drain the average Washingtonian's bank account, and things aren't going to be changing any time soon. Even with prices down since March, the gas prices around the state haven't dropped that much.

Gas Tax Still Won't Go Down

In March, the state senate shot down a bill to provide a gas tax holiday during high gas prices. Senate Bill 5897 would have replaced the gas tax ($0.49 per gallon) with the $15 billion state surplus. However, the bill was shut down before it left the committee that wrote it.

And while attempts to give the residents of Washington a break failed, other states, such as Maryland, Georgia, and Connecticut. California is considering a $400 gas rebate for residents too.

Yet, in Washington, lawmakers are more concerned about the oil companies making a profit than they are about their constituents being able to pay for gas and make it to work:

"One of the reasons that I don't support the gas tax holiday is because there's research that shows that the biggest winners in a gas tax holiday are the oil companies who would make millions upon millions of dollars if we were to do that." - Senate Majority Chair Andy Billig (D-Spokane)

Our current political leaders in Washington are out of touch with the people they were elected to serve.

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I focus on financial situations that impact the everyday person. I am a self taught dividend investor, side hustler, a writer.

Spokane, WA

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