Energy Information Administration (EIA) expects gas prices to stabilize for 2024 and beyond, total costs spent on fuel for each household still depends on local prices and how many miles they put on the odometer. Average Miles Driven in Different States Federal Highway Administration (FHWA) data...
government, but little encouragement to oil and gas industries to produce more.Wall Street Journal - Eastern EditionBarrionuevoAlexeiFialkaJohnJ.SmithRebeccaBarrionuevo, A., J.J. Fialka, and R. Smith. "Incentives to Burn - How Federal Policies, Industry Shifts Created a Natural-Gas Crunch." ...
Gas stations also pay an excise tax to the federal government. In 2013, the federal tax rate stood at 18.4 cents per gallon, or 24.4 cents per gallon for diesel -- a figure that has remained unchanged since 1993. Depending on its location, the station may bear additional taxes, such as ...
After record highs in June, gas prices arefinally declining. A half-dozen states tried to ease the pain at the pump by temporarily suspending their regular tax on gasoline. Most of those gas tax "holidays" have already come and gone, but a few are still in effect. (New Y...
Federal income tax returns are due on April 15, but there are several other important dates to remember throughout the year. Kimberly LankfordJan. 27, 2025 Ways to Save Money on a Tight Budget If you’re living paycheck to paycheck, consider these strategies to save money. Emily ShermanJan...
You're free to spend the remaining amount on whatever you'd like, including other financial goals. 3. Name and price your savings goals Next, figure out what you're asking for, how much you want to save, and when you need the money. When it comes to setting and achieving goals, ...
As a result, DeVries recommends turning on the heat a couple of hours before on-peak hours begin and then turning it off once on-peak pricing starts. Keep in mind that federal and state financial assistance is available for low-income households through the Low Income Home Energy Assistance ...
The Inflation Reduction Act is expected to cut roughly a billion tons of greenhouse gas emissions a year by 2030, save thousands of lives a year, and prompt a transformation of the U.S. energy and transportation landscape.
Taxable income is the portion of your gross income used to calculate how much tax you owe in a given tax year. It can be described broadly asadjusted gross income (AGI)minus allowable itemized or standard deductions. Taxable income includes wages, salaries, bonuses, and tips, as well as inv...
What Is a Federal Excise Tax? A federal excise tax is charged on certain goods and services by the federal government. It may or may not be included by the merchant into the price. This means that consumers don't pay these taxes directly as they would any other type of tax, such as ...