Cincinnati-area gas prices are going up at least another 10 cents a gallon this week. And those who drive a diesel truck should expect to pay another 20 cents a gallon, if not more.
That's because Ohio's new gasoline tax took effect July 1.
The bill, signed by Gov. Mike DeWine, will raise as much as $1 billion for much needed highway and bridge construction.
Among the projects it may help fund, according to ODOT:
- Repaving of I-75 in the Cincinnati area.
- A bridge over the Miami River in Dayton, Ohio.
- The Western Hills Viaduct (though it would only cover part of that project).
However, it will not go toward a new Brent Spence Bridge, as that bridge is technically in Kentucky.
The good news is that gas prices dropped an average of 20 cents late last week, from $2.79 to $2.59 for regular, which means drivers won't be hit with much sticker shock at the pump this week.
As always, don't waste your money.
Don't Waste Your Money" is a registered trademark of Scripps Media, Inc. ("Scripps").
Follow John on Twitter (@JohnMatarese)
For more consumer news and money saving advice, go to www.dontwasteyourmoney.com