With the gas sales tax holiday set to end in less than two months, State Senator George Borrello is expressing concern over increasing gas and diesel prices.
Borrello said in the month of October, diesel prices increased $1.40 a gallon, “Right now, diesel fuel is in short supply. I heard that from several folks yesterday. I was at another place where they transport gas and I was speaking to an over-the-road trucker. In Pennsylvania right now, diesel fuel is over $7 a gallon. Now, that all has a ripple effect. Everything that you buy at a grocery store has to be transported. And everything has to be transported largely by diesel trucks and that means a cost increase for everything.”
Borrello said when sales tax holiday ends, the price per gallon of gas is expected to go up at least 18-cents at the beginning of the year. He said, for now, the tax holiday should be extended until the state figures out a better path.
Borrello said the State Legislature should be looking at how to harness energy sources in the state, “New York is rich with natural gas. New York is the third largest producer of hydro-electric power. We can do more of that. There are many alternatives and even clean, renewable alternatives that just aren’t being explored. We’ve become one trick ponies. It’s all wind and solar. There are many other ways for us to generate power affordably and also in a clean manner as well.”
Borrello added that he believes New York State needs a new energy policy.