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The first US state to tax fuel was Oregon, introduced on February 25, 1919. [4] It was a 1¢/gal tax. [5] In the following decade, all of the US states (48 at the time), along with the District of Columbia, introduced a gasoline tax. By 1939, many states levied an average fuel tax of 3.8¢/gal (1¢/L).
The U.S. Energy Policy Act of 2005 established a federal income tax credit of up to $3,400 for the purchase of new hybrid vehicles, purchased or placed into service after December 31, 2005. [ 1 ] [ 2 ] Vehicles purchased after December 31, 2010 are not eligible for this credit.
The United States Department of Energy (DOE) is an executive department of the U.S. federal government that oversees U.S. national energy policy and energy production, the research and development of nuclear power, the military's nuclear weapons program, nuclear reactor production for the United States Navy, energy-related research, and energy conservation.
Rideshare companies Uber and Lyft recently implemented fuel surcharges to help compensate their drivers -- who are independent contractors and responsible for their own expenses such as gas -- for...
The city's aldermen unanimously passed two ordinances Thursday night that allow companies to add a $10 surcharge to tows when the price of diesel fuel is at least $3.29 per gallon as determined by ...
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Federal excise taxes have been stable at 18.4¢ per gallon for gasoline and 24.4¢ per gallon for diesel fuel since 1993. This raised $37.4 billion in fiscal year 2015. These fuel taxes raised 90% of the Highway Trust Fund. The average of state taxes on fuel was 31.02¢ per gallon for gasoline and 32.66¢ per gallon for diesel fuel in 2021 ...
[11] [12] In addition to being displayed on new vehicles, fuel economy ratings are used by the U.S. Department of Energy (DOE) to publish the annual Fuel Economy Guide; the U.S. Department of Transportation (DOT) to administer the Corporate Average Fuel Economy (CAFE) program; and the Internal Revenue Service (IRS) to collect gas guzzler taxes. [3]