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Fuel Cost & Pricing Trends

Why are fuel prices increasing?

by energieteam

What you need to know There’s a high demand of fuel: You can expect fuel prices to rise every spring. This is because people in the US are traveling more. Overall, AAA estimated that 41.5 million Americans traveled by car, planes, trains, buses and cruise ships over Memorial Day weekend, the highest since 2005. Crude oil pricing:
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2018 California’s Fuel Tax Increase

by energieteam

What you need to know Back in 2017 the Governor of California, Jerry Brown, approved raising the state excise tax on fuel. The measure raised the state excise tax on gasoline by 12 cents and increased the excise tax on diesel fuel by 20 cents. The sales tax rate on diesel was boosted from 9%
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