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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

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How crude-oil prices influence gasoline prices

Green Car Congress

Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. However, the retail price of gasoline includes other costs as well. Refining costs and profits represented 12%, distribution and marketing costs 12%, and federal and state taxes 15%.

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RFF papers explore differing outcomes of higher gasoline taxes on public transit and rural areas

Green Car Congress

aggregated to the county level given a 10 cent per gallon tax shows tremendous. Economists view higher gasoline taxes as one solution to reducing gasoline consumption and thus air pollution, greenhouse gas emissions, and reliance on oil, while at the same time providing revenue to the government for highway repair and construction.

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MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

Green Car Congress

In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050).

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Gen 2 Audi A5 Sportback available as bivalent g-tron; Audi e-gas, natural gas or gasoline

Green Car Congress

In a new departure, the A5 Sportback is also available as a bivalent g-tron, which customers can run on either Audi e-gas ( earlier post ), natural gas or gasoline. g/mi) (with S tronic), Audi is the first premium manufacturer to offer a gasoline engine in the B segment that achieves lower emissions than a comparable diesel engine.

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CMU study finds small battery PHEVs and gasoline hybrids the least-cost policy solution to reducing gasoline consumption

Green Car Congress

The federal subsidy significantly favors larger battery packs to a stronger degree than their potential for additional gasoline savings. Their paper is available online in the journal Energy Policy. (A Peterson and Michalek 2012. Click to enlarge. Earlier post.). per gallon saved while subsidizing 16 kWh battery PHEVs at roughly $4.50

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kWh Billing and New EV Charging Tax Policies: What You Need to Know

Blink Charging

As both EV adoption increases and internal combustion engine vehicles have become more fuel efficient, states are seeking to offset lost revenue from the gas tax. With states enacting new kWh taxes on EVs and EV charging, we want to make sure you have the right information.

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