2024 State & Federal Fuel Excise Tax Rate Overview


2024 Pennsylvania Oil Company Franchise Tax Rates

The Pennsylvania Department of Revenue previously published the following notice in the Pennsylvania Bulletin outlining the 2024 Oil Company Franchise Tax and Alternative Fuels Tax Rates.

The 2024 Oil Company Franchise Tax rates will decrease to the following amounts:

  • Gasoline: 57.6 cents per gallon
  • Diesel fuel: 74.1 cents per gallon

Click Here to read the entire 2024 notice for more information on all rates (Aviation Gasoline and Jet Fuel, Oil Company Franchise Tax Rate, & Alternative Fuels Tax Rates).

 


 

2024 United States Federal Excise Tax Rates 
Product Rate Cents Per/Gal
Gasoline $.184 18.4 cpg
Gasoline (removed for alcohol blending) $.184 18.4 cpg
Alcohol (for use in downstream gasoline blending) $.184 18.4 cpg
Aviation Gasoline $.194 19.4 cpg
Biodiesel Blender’s Credit $1.00 100.0 cpg
Alternative Fuel Credit $0.50 50.0 cpg
Heating Oil $.001 1/10th cpg
Diesel (clear) $.244 24.4 cpg
Diesel (dyed) $.001 1/10th cpg
Diesel (dyed used in trains) * $.001 1/10th cpg
Diesel (removed for blending with biodiesel) $.244 24.4 cpg
Diesel (used in certain intercity and local buses) $0.17 17.0 cpg
Biodiesel (removed for blending with diesel) $.244 24.4 cpg
Kerosene (clear) $.244 24.4 cpg
Kerosene (dyed) $.001 1/10th cpg
Kerosene (clear – non-commercial aviation) ** $.219 21.9 cpg
Kerosene (clear – for use in non-taxable aviation) $.001 1/10th cpg
Kerosene (clear – for use in commercial aviation not foreign trade) $.044 4.4 cpg
Alternative Fuels – On Highway Use in a Motor Vehicle
Propane (liquefied propane gas) (gasoline gallon equivalent) *** $.183 18.3 cpg
Compressed Natural Gas (CNG) (gasoline gallon equivalent) *** $.183 18.3 cpg
Liquefied Natural Gas (diesel fuel gallon equivalent) *** $.243 24.3 cpg
“P” Series Fuels $.184 18.4 cpg
Liquefied Fuel (derived from biomass) $.244 24.4 cpg

Notes

*This tax is paid by the railroads, NOT by the ultimate vendor.

** Marketers pay $.244 cpg at the rack, user’s rate is $.219. Ultimate vendor claim is 2.5 cpg. The ultimate vendor is the only party that can make the claim for 2.5 cpg. Ultimate vendor must have a certificate from the ultimate purchaser verifying the fuel is used for non-commercial aviation. Ultimate vendor must have an IRS 637 UA registration to file claim.

***For taxation purposes, one gasoline gallon equivalent (GGE) is equal to 5.75 pounds (lbs.) of propane and 5.66 lbs. of CNG. One diesel gallon equivalence (DGE) is equal to 6.06 lbs. of LNG. (Reference 26 U.S. Code 4041 and 4081).