IFO Economic Update Focuses on Fuel Prices, Gas Tax Remains Frozen 

The monthly economic update from the state  Independent Fiscal Office focuses on Pennsylvania fuel prices reaching the highest level on record. Data for the first two weeks of June show the average weekly price of regular gasoline for the Central Atlantic region (Pennsylvania, Maryland, New York, New Jersey, and Delaware) was $4.93 per gallon, a 60% increase from $3.08 in June 2021 and surpassing the previous record of $4.08 for regular gasoline in July 2008. Click here for more.