Fuel-Tax Receipts Rebound as Americans Return to the Road: Chart

Aug. 12, 2020, 3:05 PM

American drivers are returning to the road after months of coronavirus stay-at-home orders, with revenue from gasoline and diesel taxes nearing pre-pandemic levels. The U.S. government collected more than $3.8 billion in fuel taxes in July, up from less than $2.2 billion in June. The levies feed into the Highway Trust Fund, the primary financing source for highway and transit projects.

To contact the reporter on this story:
Courtney Rozen in Arlington at crozen4@bloomberg.net

To contact the editors responsible for this story:
Sophie Caronello at scaronello@bloomberg.net;
Sarah Babbage at sbabbage2@bloomberg.net

Nancy Moran

© 2020 Bloomberg L.P. All rights ...

To read the full article log in. To learn more about a subscription click here.