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A fuel tax (also known as a petrol, gasoline or gas tax, or as a fuel duty) is an excise tax imposed on the sale of fuel. In most countries the fuel tax is imposed on fuels which are intended for transportation. Fuel tax receipts are often dedicated or hypothecated to transportation projects, in which case the fuel tax can be considered a user ...
While prices have come down since the peak in June, prices were beginning to tick up again. Gas prices hit $3.79 a gallon the week of September 29, 2022, up from $3.73 on September 23, 2022 — an increase of $0.06 per gallon over the last week. [14] Since October 10, 2022, the price of gasoline has gone down again.
New Zealand also has such a system applying to all heavy vehicles and diesel-powered cars, known locally as a Road User Charge. Bulgaria has a truck based system under development. With the UK government banning the sale of non-electric cars from 2030, VMT tax is being considered in place of fuel duty revenue. [5]
According to the RAC’s Fuel Watch data, a litre of unleaded rose from 162.87p at the start of May to 174.02p by the close.
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Some gas pumps have been upgraded to offer contactless payment, where mobile wallets like Apple Pay and Google Pay are accepted, as well as mobile features to pay at the pump online, without interacting with the pump for the payment, by identifying the pump number in the mobile wallet and charging the card stored in the wallet. [21] [22]