Green Car Congress
DECEMBER 3, 2019
According to the Federal Highway Administration, the average fuel economy for all light vehicles on the road today is 22.3 The Federal tax on gasoline is 18.4 cents per gallon, and each state has a gasoline tax, ranging from 8.95 Based on a vehicle with an average fuel economy of 22.3 cents in Alaska to 58.7
Green Car Congress
JUNE 23, 2022
That figure is down from 141 refineries in 2017, with 4 idle. Similarly, NHTSA’s new fuel economy standards project to reduce gasoline consumption by more than 200 billion gallons through 2050. Operable capacity for the refineries is 17,789,010 barrels per calendar day in 2022, down from 18,976,085 in 2020.
EV Adoption
JULY 4, 2022
As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.
Green Cars News
MAY 3, 2012
There may be one negative knock-on effect of improving the fuel economy standards of our vehicles: fuel tax revenues could slump massively. According to a report by the Congressional Budget Office (logo, pictured), fuel economy standards proposed for 2017-2025 would cut revenues from petrol tax by 21 per cent in 2040.
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