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The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [1] [2] Proceeds from the tax partly support the Highway Trust Fund. The federal tax was last raised on October 1, 1993, and is not indexed to inflation, which increased 111% from Oct
Federal taxes include excises taxes of 18.3 cents per gallon on gasoline and 24.3 cents per gallon on diesel fuel, and a Leaking Underground Storage Tank fee of 0.1 cents per gallon on both fuels.
California has the highest gas tax rate at 68.1 cents per gallon, followed by Illinois and Pennsylvania. Compare 2024 gas tax rates by state.
As of January 2024, federal taxes on gasoline amount to $0.184 per gallon (which includes an excise tax of 18.3 cents per gallon and a storage tank fee of 0.1 cents per gallon).
As of July 2023, the average state gas tax in the U.S. was 32.26 cents, while the federal gas tax rate was 18.4 cents. Taken together, this amounts to 50.66 cents per gallon. What...
Right now, the federal government charges an 18 cent tax per gallon of gasoline and a 24 cent tax per gallon of diesel. Those taxes fund critical highways and public transportation,...
California pumps out the highest state gas tax rate of 77.9 cents per gallon (cpg), followed by Illinois (66.5 cpg) and Pennsylvania (62.2 cpg). The lowest state gas tax rates can be found in Alaska at 9.0 cents per gallon, followed by Missouri (17.5 cpg) and Mississippi (18.4 cpg).
The numbers below include the 2023 federal gas tax of 18.3 cents per gallon. Why are gas prices so high? State taxes are one of the elements that contribute to high gas prices in the U.S., and they also factor into the startling gaps in prices between states.
4.666. -0.015. -1.033. *prices include all taxes. Download image. What we pay for in a gallon of: Regular Gasoline September 2024 Retail price: $3.21/gallon Diesel September 2024 Retail price: $3.56/gallon Taxes Distribution & Marketing Refining Crude Oil 16% 20% 11% 53% 17% 23% 13% 48% Data source: U.S. Energy Information Administration ...
Under current law, the tax rate is 18.3 cents per gallon on gasoline and 24.3 cents per gallon on diesel fuel. A 0.1 cents per gallon tax is also levied on top of these fuel tax rates to help fund expenses associated with fuel regulation. These rates are not automatically adjusted for inflation.