The High Price of New Jersey’s Cheap Gasoline Tax

At 10.5 cents per gallon, Jersey has the third-lowest gas tax in America, and Gov. Chris Christie isn’t about to change that. Problem is: The state’s transportation trust fund, which depends on gasoline taxes, is running dry –…

Amtrak Reports Record Passenger Numbers

Amtrak

Amtrak set an annual ridership record of 28.7 million passengers for the fiscal year ended September 30. That’s 5.7% more than in fiscal 2009.

Ticket revenue rose 9% to $1.74 billion, Amtrak said in a statement.

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High gasoline prices and an improved economy helped buoy results, Amtrak said.

“More and more people see passenger rail as a way to get to where they need to go,” said CEO…

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Amtrak Reports Record Passenger Numbers originally appeared on DailyFinance on Tue, 12 Oct 2010 06:30:00.

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Gas Prices Rise 8 Cents, Fueled by Crude Oil Jump

gas prices

The average price of regular gasoline jumped 8.23 cents in the last two weeks, fueled by a jump in crude oil prices.

The latest Lundberg Survey said that the price of a gallon of regular gasoline is now $2.77, The Associated Press reported.

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San Francisco had the highest price of the cities surveyed, with a gallon of regular costing $3.08. Tucson, Ariz., had the lowest average…

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Gas Prices Rise 8 Cents, Fueled by Crude Oil Jump originally appeared on DailyFinance on Mon, 11 Oct 2010 06:41:00.

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Penske to Sell Nissan-Made Smart Car

Penske Automotive Group (PAG), a chain of car dealerships, reached an agreement with Japan’s Nissan Motors (NSANY) to sell a Nissan-made small car in the U.S. market under the Smart brand name.

Penske hopes that adding the Nissan-made car, a four-doo…