Will Pennsylvania Raise Gas Taxes Again? Update

Last December I wrote about the proposed Transportation and Climate Initiative (TCI), which would require wholesalers of gasoline and diesel in participating states to buy carbon credits to sell their fuel.  As a result of the COVID-19 pandemic, the TCI jurisdictions have adjusted their timeline for developing the program, and a final Memorandum of Understanding is now expected in the fall of 2020.  TCI notes that work on the program details will continue, as will engagement with stakeholders.

Opponents to the TCI also want to keep momentum going.  Websites like https://www.nonewpagastax.com/ highlight some of the immediate negative impacts that will be felt by the consumer, such as a potential price per gallon increase of $0.17-$0.31/gallon immediately, with automatic increases occurring every single year.  Pennsylvania already has the second highest gas tax in the U.S., and if the TCI passes we can expect it to significantly rise once again.

 

https://blog.guttmanenergy.com/will-pennsylvania-raise-gas-taxes-again

https://www.nonewpagastax.com/

https://www.transportationandclimate.org/updates-tci-regional-policy-development-process-may-2020

Written by:

Daniel is Vice President of Fleet Card Services. His focus is on growing Guttman Energy’s Fleet Card Services business, including our Fuelman Fleet card and Pac Pride commercial fueling operations Daniel’s responsibilities include finding new offerings to enhance our card offering, improving the profitability of the business, and driving growth through both new customer additions and acquisitions of competitive card decks. Prior to his current role, Daniel served as the Manager of Business Development. His previous roles also include data analyst, wholesale and commercial sales, as well as pipeline scheduling. Daniel received his Bachelor of Arts degree from the University of Vermont and has earned educational certificates from the University of Pittsburgh, the Kellogg School of Business at Northwestern University, and Harvard Business School. Daniel Guttman has become the first fourth generation family member to become an executive of the company. Daniel’s great-grandfather founded the Company in 1931.

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