“ The first way PDOT is feeling the pinch of increased oil prices is a new multi-million dollar transportation department budget gap. Why? Oregonians are driving less, in part due to the cost of gas. PDOT’s funding for taking care of local streets and bridges comes largely from state fuel taxes. The gas tax is based on the number of gallons of gas sold – not the price of that gas. So, the fewer gallons of gas sold, the less gas tax. For PDOT that means a $2.7 million current service budget hole for the fiscal year starting in July.
Impacts of a massive new transportation challenge facing our City. | CommissionerSam.com
Is there no end to the number of ways oil culture is screwing us?
2 months ago