President Obama has signed into law a bill making it easier for Americans to use propane autogas. Included in the extension of the U.S. highway bill is an excise tax equalization provision that permanently reduces the tax rate on autogas and levels the playing field for all alternative fuels, notes the National Propane Gas Association (NPGA). Highway use propane produces 72% of the energy output of gasoline, but was taxed at the same 18.3 cents per gallon rate. The Alternative Fuel Tax Parity provision recognizes this disparity and sets the energy equivalent rate for propane at 13.2 cents per gallon.
展开▼
