News

Actions

California gas prices going up this week after new gas tax goes into effect Wednesday

Posted at 9:04 AM, Oct 30, 2017
and last updated 2017-10-30 13:18:19-04

BAKERSFIELD, Calif. (KERO) - Expect gas prices to go up this week in California due to a new gas tax officially taking effect on Wednesday.

The tax is going to raise gas prices by 12 cents per gallon for gasoline and 16 cents for diesel.

The few extra bucks at the pump will translate into roughly $52 billion of revenue for the state over the next decade, and that money is expected to go to road programs, public transit and traffic congestion projects.

One of the goals is to have 98 percent of California's highway pavements in good or fair condition by the end of 2027.

RELATED: Check gas prices around San Diego County

The tax is just the beginning of some cost increases when it comes to your car. On Jan. 1, 2018, there will be a new annual fee based on a car's worth. Also, starting in 2020, there will be a $100 annual fee on electric cars.

The gas tax isn't entirely new -- California is just one of more than 20 states that have passed gas tax increases over the last five years to help with road repairs.