Philly taxi fares down

PHILADELPHIA (AP) - November 25, 2008 The Philadelphia Parking Authority's board on Monday approved the elimination of a 50-cent fuel surcharge that taxi drivers have been able to tack onto fares since June. The change is effective Dec. 1.

The surcharge had helped cab owners defray the rising cost of gasoline, which reached an all-time high of $4.14 per gallon in the city in July.

As of Tuesday, the average price of fuel at city pumps was $2.03 per gallon; in some suburban and New Jersey communities, prices were even lower.

The so-called flag drop rate - just to step into a cab - will remain at $2.70.

The Philadelphia Parking Authority's Taxicab and Limousine Division regulates fares for 1,800 cabs and 2,000 limousines.

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