HOPKINS COUNTY, KY—At the onset of the 4th of July weekend, Kentucky residents and many travelers stopping to fill up will at the pump will be facing even higher costs per gallon due to a rise in the gas tax, say officials.Starting on Friday, July 1st, the gas tax across the state will be rising by close to two cents a gallon. After the jump up, Kentuckians will pay an average tax of approximately 28 cents per gallon instead of the current 26 cent tax per gallon.After the addition of federal tax costs to gas prices, this means that drivers across the commonwealth will be paying just shy of 50 cents a gallon as of this weekend and beyond.In total, members of the Kentucky Transportation Cabinet estimate that the statewide rise will produce an additional $57 million for highway maintenance and road work.While the tax increase is said to be variable, a potential reduction in gas costs will likely correlate with the price of overall wholesale expenses.
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