“cost sharing” between customers and their utilities could have saved ratepayers at least $2 billion during the height of the pandemic.
new research shows that combined home energy & transportation fuel costs make up a substantial share of household income
energy information administration - eia - official energy statistics from the u.s. government
and how to measure fuel economy better.
electric customers across the southeast have felt the increase and volatility of natural gas prices directly on electric bills in the last few years. utilities in the region pass fuel costs directly…
fuel duties are levied on purchases of petrol, diesel and a variety of other fuels. they represent a significant source of revenue for government. in 2023-24, we expect fuel duties to raise £24.7 billion. that would represent 2.2 per cent of all receipts and is equivalent to £850 per household and 0.9 per cent of...
why do we have the fuel economy standards that we have today? where are they going? learn more here.
this paper develops a dual stackelberg game model to investigate the production and consumption of two-sided carbon reduction issues in a fuel car supply chain. it involves a government, a manufacturer, and multiple retailers. the government is the first to issue dual credit and fuel tax policies to regulate carbon-related decisions in the automotive supply chain. followed by the manufacturer, who makes in-production carbon reduction and fuel reduction investments under established government policies and its carbon social responsibility, and the final actor, the retailer, conducts product marketing and sales. using this model, we analyze the decentralized decision-making, cost-sharing, and revenue-sharing between supply chain members. the results show: (1) for both types of coordination, cost-sharing leads to higher profits for all supply chain members and social welfare, while fuel consumption reduction and carbon emissions in production are higher under revenue-sharing. (2) ecological performance improvement with double credit price linearly, but the level of social welfare tends to increase first and then decrease. therefore, the government should carefully choose the severity of the double credit policy by considering ecological and economic performance goals.
the department of transportation’s bureau of transportation statistics (bts) today released u.s. airlines’ march 2024 fuel cost and consumption numbers indicating u.s. scheduled service airlines used 1.602 billion gallons of fuel, 15.1% more fuel than in february 2024 (1.392 billion gallons) and 4.9% more than in pre-pandemic march 2019. the cost per gallon of fuel in march 2024 ($2.77) was down 6 cents (2.2%) from february 2024 ($2.83) and up $0.74 (36.7%) from march 2019. total march 2024 fuel expenditure ($4.43b) was up 12.5% from february 2024 ($3.94b) and up 43.5% from pre-pandemic march 2019.
visit the advanced clean cars ii web site for more information on the regulations.
tracking fuel purchases is crucial for businesses. while gas receipts are often used, they can be a hassle. ✅ explore these other ways to track fueling.
for any fleet enterprise, fuel is a substantial expense. supportive measures should be put in place to guarantee your organization does not overspend on fuel.
cafe standards saved $5 trillion in fuel costs and prevented 14 billion metric tons of carbon from being released into the atmosphere.
a handbook for utility regulators that details strategies for controlling the cost of fuel.
faqs: how regressive democratic policies increased washington’s gas prices for weeks during the summer of 2023, washington had the distinction of having the highest gas prices in the nation –... read more »
with gas prices now rivaling unemployment as a key issue in this year’s election, isabel sawhill explains how rising gas prices adversely affect the economy and consumers, especially lower- and moderate-income households.
fleet cards are an essential tool for businesses with commercial vehicles as they allow business managers to oversee and track expenses, track routes, improve driver safety, and take advantage of ancillary advantages that go beyond fuel. those additional fuel card program advantages include vehicle maintenance, tire purchases, travel expenses, and sometimes even driver wireless expenses. […]
new standards will save americans hundreds of dollars at the pump over the lifetime of their vehicles
california’s sb x1-2 aims to help bring down gas prices, but unintended consequences may drive prices higher. andy walz explains in a letter to the cec.
corporate average fuel economy standards regulate how far vehicles must travel on a gallon of fuel. learn more about cafe & vehicle miles per gallon.
fossil fuels consumption subsidies 2022 - analysis and key findings. a report by the international energy agency.
read chapter 12 costs and benefits: medium- and heavy-duty trucks, motor coaches, and transit buses - collectively, "medium- and heavy-duty vehicles", or ...
we explain what fleet managers need to know about fuel surcharges, how to calculate them, and how to stay in the black despite fluctuating fuel costs.
although economists may argue about whether gas prices have an effect on the economy, there is a connection between consumer confidence, spending habits and gas prices.
illinois residents will see a small increase in gas prices as the state implements a new motor fuel tax rate of 47 cents per gallon.
fossil fuels were key to industrialization and rising prosperity, but their impact on health and the climate means that we should transition away from them.
budget offers several fuel plans when you rent a car. ezfuel, self refueling & our own refueling service provide options for every rental. find out more.
consumer valuation of fuel costs and tax policy: evidence from the european car market by laura grigolon, mathias reynaert and frank verboven. published in volume 10, issue 3, pages 193-225 of american economic journal: economic policy, august 2018, abstract: to what extent do car buyers undervalue...
one prominent feature of president biden's agenda on the environment is to target u.s. fossil fuel (e.g., oil, gas, and coal) producers and production with nearly $97 billion in tax increases over the next decade.
china and india, the world's two most populous developing economies, are also among the world's largest automotive markets and carbon emitters. to reduce carbon emissions from the passenger car sector, both countries have considered various policy levers affecting fuel prices, car prices and fuel economy. this study estimates the responsiveness of new car buyers in china and india to such policy levers and drivers including income. furthermore, we estimate the potential for rebound effect and the effectiveness of a feebate policy. to accomplish this, we developed a joint discrete-continuous model of car choice and usage based on revealed preference survey data from approximately 8000 new car buyers from india and china who purchased cars in 2016-17. conditional on buying a new car, the fuel consumption in both markets is found to be relatively unresponsive to fuel price and income, with magnitudes of elasticity estimates ranging from 0.12 to 0.15. for both markets, the mean segment-level direct elasticities of fuel consumption relative to car price and fuel economy range from 0.57 to 0.65. the rebound effect on fuel savings due to cost-free fuel economy improvement is found to be 17.1% for india and 18.8% for china. a revenue-neutral feebate policy, with average rebates and fees of up to around 15% of the retail price, resulted in fuel savings of around 0.7% for both markets. while the feebate policy's rebound effect is low - 7.3% for india and 1.6% for china - it does not appear to be an effective fuel conservation policy.
every fleet manager would want to know about ways to reduce fuel costs. here we discuss the top ten fuel management strategies to reduce fuel costs.
office of highway policy information
policymakers should increase access to higher renewable fuel blends like e15, which save consumers money and reduce carbon emissions.
explore strategies to cut down on fuel expenses during periods of high gas prices.
a timeline from the 1970s to present day on the history of fuel economy in the united states.
the u.s. department of energy (doe) publishes a final rule that revises the value for the petroleum-equivalency factor (pef). this final rule revises doe's regulations regarding procedures for calculating a value for the petroleum-equivalent fuel economy of electric vehicles (evs). the pef is...
includes a list that addresses allowability of costs/activities for some common expenses (advertising, intellectual property, meals, fringe benefits, etc.).
this post will explore some of the ways you can navigate rising fuel costs, protect business continuity, and keep your operating expenses in check.
here are 5 ways that gps vehicle tracking can help your businesses reduce fuel spend.