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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. These Superfund taxes include a $0.09

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Congressionally-created Commission Recommends Mileage Tax Instead of Fuel Tax for Transportation Infrastructure Financing

Green Car Congress

A bi-partisan Congressionally-created commission has recommended a shift from motor fuel taxes to direct fees charged to transportation infrastructure users—i.e., a federal mileage fee—as a way to reform financing of the US transportation infrastructure. The nation faces a crisis. of GDP today. Summary of revenue options.

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NJ boosts gasoline tax 22.5% to $0.507/gallon effective 1 October, diesel to $0.577

Green Car Congress

In order to ensure the state has the funds necessary to support these projects, the law dictates that the Petroleum Products Gross Receipt (PPGR) tax rate must be adjusted accordingly to generate roughly $2 billion per year. Background on Chapter 57 & calculation of tax rate formula. million.

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Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

Green Car Congress

Senate Finance Committee Chairman Max Baucus (D-Mont.) introduced the latest in a series of discussion drafts to overhaul the US tax code. This new staff discussion draft focuses energy tax policy on stimulating domestic, clean production of electricity and transportation fuels, which account for 68% of energy consumed in the US.

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Profile: Li-ion Battery and Pack Supplier Valence Technology

Green Car Congress

Valence differentiates its lithium-ion products through its cathode (positive terminal in discharge) material, a lithium iron magnesium phosphate (LiFe 1-x Mg x PO 4 ). Two global fulfillment centers—one in Rotterdam and one in Dallas—can ship product to customers within 72 hours. a provider of lithium-ion batteries, modules and packs.

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FedEx and VW EV Plans, Second GM Battery Factory – EV Week in Review: Mar 2 – Mar 8

EV Adoption

GM is close to building a second EV battery factory in the US, report says – General Motors is considering building a second battery factory in the United States, The Wall Street Journal reports , in order to ramp up its production of electric vehicles. ” – March 7, Business Insider via Yahoo Finance.

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