article thumbnail

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

Green Car Congress

State gas taxes average another 30 cents per gallon. According to the US Energy Information Administration (EIA), as of 13 June 2022, the average price of US regular gasoline was $5.006 per gallon, up $1.937 from a year ago. (An He also continued his calls for the oil industry to increase refinery capacity to increase production.

Congress 259
article thumbnail

Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel?

China 416
article thumbnail

EIA: State tax rates for retail gasoline and diesel increased in 13 states in 2023

Green Car Congress

In January 2023, state taxes and fees on gasoline and diesel fuel averaged $0.3163 per gallon (gal) of gasoline and $0.3388/gal of diesel fuel, according to the US Energy Information Administration (EIA). These taxes have increased in 13 states since July 2022.

Tax 273
article thumbnail

11 states assessing fees on EV owners in lieu of traditional fuel taxes

Green Car Congress

Eleven states currently assess fees on electric vehicle owners in lieu of traditional fuel taxes, according to the US Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE).

Fuel Tax 150
article thumbnail

UC Davis report proposes mileage fee for EVs, maintaining fuel tax for ICEs to support road repairs

Green Car Congress

Lastly, we examine alternative funding mechanisms include a fuel tax for hydrogen and electricity, as well as a road user charge (RUC). Owners of ZEVs would pay more under the registration fee compared to what they would equivalently pay with a gasoline tax (if electricity/hydrogen were converted to gasoline on an energy basis).

Davis 268
article thumbnail

California reduces tax on dimethyl ether (DME) fuel to be consistent with other alternative fuels; enabling retail sales

Green Car Congress

The California state legislature passed and the Governor signed into law a bill ( AB-2663 ) that lowers the Use Fuel Tax rate of dimethyl ether (DME) from $0.18 per gallon of DME-propane fuel blend used on or after 1 July 2021 (the same tax rate as propane, $0.06 President and CEO of Oberon Fuels. per gallon).

Tax 376
article thumbnail

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). —Karplus et al. Paltsev, M. Babiker, J.M.