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The Impact of High Gasoline Prices in Central New Jersey
House Committee on Government Reform Special Investigations Division
House Committee on Government Reform
Special Investigations Division
Abstract
The Special Investigations Division of the House Committee on Oversight and Government Reform examines the impact of the Bush Administration's energy plan on gasoline prices in central New Jersey over five years. They reveal a significant increase in gasoline costs, with prices surging by 70-77% across different regions, outpacing the rate-of-inflation by over seven times. As a result, New Jersey families face a substantial financial burden, collectively paying $5.2 billion more for gasoline in 2006 compared to 2001, with the average two-car family spending $1,800-$2,000 more on gasoline annually.
Date
2006-05-01
Document Type
House Minority Staff Report
Serial Number
Document Length
9 pages
Congress
109
Relation
DOI
Keywords
Staff Reports
PAP Major Code
8: Energy
PAP Minor Code
803: Natural Gas and Oil (Including Offshore Oil and Gas)
Related Hearings
Press Releases and Contextual Information
https://web.archive.org/web/20061130023546/http://www.democrats.reform.house.gov/story.asp?ID=1088