New Jersey Gas Prices
Presumably Stender, Menendez and Schumer believe if oil companies paid more taxes, prices at the pump would be lower. How higher oil company expenses (taxes) could possibly bring about lower consumer gas prices is a mystery. Anyway, Democrats are blaming Republicans for their failure to repeal the law of supply and demand.
So what is going on with gas prices? We went to NewJerseyGasPrices.com and found this graph on their site of the average price per gallon in New Jersey for the past month.
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Wow, gas prices are dropping even more than we realized, how’d that happen? According to the Philadelphia Inquirer experts say the drop in gas prices shows supply, demand at work. Imagine that?