Despite all their anti-tax sentiments, Republicans from Hoover to Trump have embraced this levy on sales at the pump.
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Articles on Highway Trust Fund
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Obama’s proposal to add $10 tax to crude oil raises the thorny question of whether the U.S. can continue to fund its highway infrastructure with a fuel tax that hasn’t changed since 1993.
It’s been done before but tapping the Strategic Petroleum Reserve – particularly when prices for oil are low – isn’t the best way to fund the Highway Trust Fund.
There are about 600,000 bridges in the United States, and about one in four is classified as functionally obsolete or structurally deficient. This doesn’t mean they’re in danger of imminent collapse; they…
Top contributors
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Mervin Bovaird Professor of Energy Business and Finance (retired), University of Tulsa
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Professor of Civil Engineering and History, Duke University
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Assistant Professor of Energy Resource Economics, State University of New York College of Environmental Science and Forestry
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Director of Energy Studies, University of Florida
