Tariffs could reshape U.S. fuel prices and global oil trade

The changes in tariffs on Mexico, Canada, and China represent the largest restructuring of crude and fuel trade flows. Tariffs on Mexico, Canada, and China began to be applied starting yesterday, Tuesday, March 4. One of the main concerns for consumers is the impact these tariffs could have on fuel prices across the United States, […]
California tops the list for highest fuel taxes in the U.S.

A Tax Foundation’s analysis revealed a list of states and their fuel taxes California, Illinois, and Pennsylvania lead as the states with the highest diesel and gasoline taxes, according to a new fuel analysis by the Tax Foundation. The study, published on August 6, evaluated state fuel tax rates as of January 2024. In 2024, […]