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DOE: US gasoline taxes dropped below 20% of total price in 2015

Green Car Congress

Fuel taxes in the United States in 2015 accounted for 19% of the price of a gallon of gasoline, down from just under 30% in 1990, according to figures compiled by the US Department of Energy (DOE). Japan’s gasoline taxes were nearly half of the price in those years. million b/d in 2016; the previous record was 9.29

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California BOE considers lowering gasoline excise tax rate for third year in a row

Green Car Congress

The California State Board of Equalization (BOE) will consider lowering the excise tax rate for gasoline by 2.2 cents for Fiscal Year (FY) 2016-17 during its 23 February 2016 meeting in Culver City. If adopted, the excise tax rate on gas will be 27.8 cents per gallon from 1 July 2016 through 30 June 2017.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

between 2016 and 2017, bringing the state’s ZEV market share to 4.5%, compared to 3.6% Factors driving acceleration or deceleration of ZEV adoption include price, performance, choice, convenience, and public policy. Price: The most expensive component of a ZEV is the battery. ZEV sales increased 29.1% More than half of the U.S