Connecticut raises diesel tax to highest in nation

Despite offering a fuel efficient alternative to gasoline-powered cars, Connecticut will raise its diesel tax to $0.462 cents per gallon next month. Connecticut is a small state and the tax in Rhode Island is just $0.32 per gallon, truckers.

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Appliance-Driving American Consumers Still Stupid

Honda's Insight hybrid may fall 33% short of U.S. sales goals. Why? America's already forgotten last summer's record high gas prices. Even with a recent 30% price increase, gas's still cheap for the moment. So, are appliance-driving consumers just stupid?

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Federal Highway Trust Fund Could Run Dry This Month

Federal Highway Trust Fund Could Run Dry This MonthTransportation Secretary Mary Peters is warning that the Federal Highway Trust Fund could run out of money by the end of this month, reports the AP. The fund is facing an $8.3 billion shortfall in projected revenues, primarily due to high gas prices reducing the amount of fuel purchased by American consumers. The… Read…
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Hybrid SUVs Skip Gas-Guzzler Tax, Still Get Hybrid Credit Thanks To…

GMC-Yukon-Hybrid.jpgGM's two-mode hybrids, the Tahoe and Yukon, along with Chrysler's versions, the Durango and Aspen, have come to an ironic intersection in the tax code: These vehicles are eligible for a hybrid tax credit, yet theoretically should also be hit with the gas-guzzler tax. Does that sound like the world's loopiest loophole…

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Proposed Gas Tax Holiday Panned As Gimmick; Also, Water Is Wet

Floating around the policy wonk-o-sphere and on the front page of most of the news dailies today is this idea of a temporary holiday on Federal gas taxes for the summer driving season. Presidential candidates Sen. John McCain (R-AZ) and Sen. Hillary Clinton (D-copycat) have hopped on the "good idea" bandwagon, while Sen. …

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