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

Green Car Congress

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

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Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

EV Adoption

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

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Chevy Equinox diesel offers EPA-rated 39 mpg hwy; starts at $31,435

Green Car Congress

turbo-diesel engine. GM expects that number to top the segment in highway fuel economy, with greater highway mileage than the 2017 Toyota RAV4 hybrid (30 mpg) and Nissan Rogue hybrid (35 mpg FWD). A 577-mile cruising range (FWD) also means the Equinox diesel can drive farther between fill-ups. Earlier post.).

MPG 150
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EPA and NHTSA Issue Notice of Intent to Develop New Greenhouse Gas and Fuel Economy Standards for Light-Duty Vehicle Model Years 2017-2025; Proposal Expected by 30 Sep 2011

Green Car Congress

The US Department of Transportation’s (DOT) National Highway Traffic Safety Administration (NHTSA) and the US Environmental Protection Agency (EPA) issued a Notice of Intent (NOI) to begin developing new standards for greenhouse gases and fuel economy for light-duty vehicles for the 2017-2025 model years. Earlier post.).

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ARTBA says new 54.5 mpg fuel efficiency standard would result in $65+ billion in lost revenue for highway and transit projects

Green Car Congress

The new Obama Administration proposal to increase fuel efficiency standards for cars and light trucks to an average 54.5 Per gallon federal gasoline and diesel taxes collected at the pump are deposited into the federal Highway Trust Fund (HTF).

MPG 207
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EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

Green Car Congress

The United States transitions from being a net importer of natural gas to a net exporter by 2017 in all cases. US natural gas net export growth continues after 2017, with annual net exports in 2040 ranging from 3.0 quadrillion Btu in 2040, as increases in fuel economy more than offset increases in LDV travel. mpg in 2040.

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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

Green Car Congress

The rising fuel economy of LDVs more than offsets the modest growth in VMT, resulting in a 25% decline in LDV energy consumption decline between 2012 and 2040 in the AEO2014 Reference case. Generation from renewable fuels, unlike coal and nuclear power, is higher in the AEO2014 Reference case than in AEO2013. per year, from 21.5

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