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How crude-oil prices influence gasoline prices

Green Car Congress

The Energy Information Administration (EIA) estimates that in the United States from 2008 to 2017, crude oil represented only 61% of the retail price of gasoline. Refining costs and profits represented 12%, distribution and marketing costs 12%, and federal and state taxes 15%.

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Mn/DOT assessing potential for mileage-based user fee to replace fuel tax; Battelle conducting technology assessment

Green Car Congress

The Minnesota Department of Transportation (Mn/DOT) will recruit 500 people from Wright and Hennepin counties to take part in research to test technology that could someday be used to collect a mileage-based user fee (MBUF) in lieu of a gasoline tax. These funding sources support construction and maintenance of the highway system.

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2010 Ford Fusion Hybrid Qualifies for $3,400 Tax Credit

Green Car Congress

Buyers of a new 2010 Fusion Hybrid or Mercury Milan Hybrid this year will qualify for a $3,400 tax credit. The 2009 Escape and Mariner Hybrid FWD models qualify for a $3,000 tax credit; 4WD models $1,950. The credit is only available to the original purchaser of a new, qualifying vehicle. Ford Hybrid Tax Credit Amounts.

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Average price of new light vehicles in US hit high in 2016; driven up by trucks; cars moving in opposite direction

Green Car Congress

The average price of a new light vehicle (including both cars and light trucks) was up to a record $31,790 in 2016, up from the most recent low of $28,243 in 2008. Light truck and all light vehicle data are not available before 1987. Light trucks include classes 1-3.

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California Gasoline Use Down 2.3%, Diesel Down 3.2% in November 2009

Green Car Congress

in November 2009 compared to the same month in 2008, according to figures released by Betty T. compared to January through November of 2008. percent in November 2009 when Californians used 1.170 billion gallons of gasoline compared to 1.198 billion gallons in November 2008. in November 2008, a 19.9% per gallon.

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California Gasoline Use Down 0.4%, Diesel Down 11.1% in October 2009

Green Car Congress

compared to October 2008, according to figures released by Betty T. compared to January through October of 2008. in October 2008, an 11.0% The previous five months showed small increases in consumption when compared to 2008. compared to October 2008 when the average diesel price was $3.57 and diesel declined 11.1%

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Michigan Awards $543.5M in Tax Credits to Four Battery Makers, Who Announce Plans for $1.7B Investment in Li-ion Battery Plants in Michigan

Green Car Congress

million in tax credits to four battery companies announcing plans to invest more than $1.7 The four companies receiving the tax credits and announcing plant plans are Johnson Controls-Saft Advanced Power Solutions LLC; KD Advanced Battery Group LLC; A123Systems Inc.; The MEGA board approved a state tax credit valued at $44.6