Benefits of Gas Tax Holiday

May 4, 2008 12:00:00 AM PDT
California drivers would save a lot of money if a gas tax holiday really happened.In this state, federal and state taxes account for about 60 cents a gallon. Alaska has the lowest gas tax in the country at 26 cents. New York is the highest with almost 63 cents a gallon. The national average is 43 cents a gallon.

Gas prices in the valley are still climbing, although they're slightly off record highs from earlier this week.

In Fresno, the average gallon of gas costs $3.94. In Visalia, its $3.93 and in Merced, a gallon costs $3.96.