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Hochul signals end of gas tax holiday: How much will gas prices increase on January 1st?

Governor Kathy Hochul has weighed in on the debate around the gas tax holiday.

While several lawmakers want to see action taken to extend or limit the financial crunch that will hit drivers after January 1st, 2023 if it’s allowed to expire Hochul said something we’ve all heard before.


“Those are revenues that we need to maintain our roads,” she told reporters on Friday. “Make sure we don’t have potholes. I’m proud we were able to give this kind of relief to New Yorkers during this difficult time.”

Hochul said her hope with the gas tax holiday, which lasted six months, was to ensure the state’s drivers had a ‘long ramp’ to make sure there was certainty around pricing.

Gas prices across New York range between $3 and $3.50 per gallon.

Ending the gas tax holiday almost guarantees that prices will increase 16-20 cents per gallon. And with Hochul signaling that she will not extend it – the rest will be up to lawmakers.



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