Diesel and Gas Taxes on the Rise
One of the key selling points about propane school buses is the fuel itself. Right now, this domestically produced fuel is abundant and at a historically low price, while conventional fuel taxes are on the rise.
Propane autogas is a leading alternative fuel in the United States and the third most commonly used vehicle fuel, following gasoline and diesel. More than 90 percent of the United States propane autogas supply is produced domestically, with an additional 7 percent from Canada. Currently, the U.S. has a 10- to 20-year supply with 100 million barrels of storage.
Conventional fuel prices are going up, due in part to increasing gas and diesel taxes. In the past decade, nearly half of the United States has adopted some sort of new gas tax. And, just this month, 12 states increased diesel tax rates. Some are less than a penny, but others as much as 24 cents per gallon. Many folks will feel the increase immediately. Guess what? Propane is not included in these state tax hikes on transportation fuels.
Read more about fuel taxes to leverage this information to sell more propane buses:
