The 88th General Assembly
has convened the 2012 fiscal session

Wednesday, July 23, 2008

Arkansas 8th most vulnerable state to rising gas prices

According to a study released yesterday by the Natural Resources Defense Council, Arkansans spent an average of about 6.3% of their incomes, or about $1,887 per person, on gas in 2007. Residents of only seven other states (see map below) spent more of their income on gasoline. We are also ranked 48th among the states in efforts to reduce our dependency on oil. Click here for the full report.



Update: Per a request, here's a list of the state and federal motor fuel taxes by state, courtesy of stateline.org (our motor fuel tax rate for gasoline is $0.215 per gallon and is dedicated for the construction and maintenance of public highways -- see Ark. Code Ann. §26-55-206):