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What you need to know
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New Jersey drivers may be a bit more short of money on Monday because the state is increasing its gas prices
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NJ gasoline tax increases by 4.3 cents per gallon
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Revenue from the increase, estimated at $ 2 billion a year, will fund the transportation fund, including road and rail projects.
The gas goes up in the Garden State, a place where a lot of people are going to get better prices at the pumps.
New Jersey will increase its gas tax by 4.3 cents per gallon starting Monday. The rise adds to that of the 23 – cent legislators, set up two years ago under Christie 's administration.
New Jersey drivers feeling the pinch at the pump
Revenues from the $ 2 billion annual increase are expected to fund the state's transportation fund, including road, rail and infrastructure projects.
Monday's rise puts New Jersey at 41.4 cents a gallon, which is even cheaper than New York's at 45.76 cents a gallon. However, the gas tax is higher than 41 other states.
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