Home » News
Filter by category:

2021 Federal Motor Fuel Excise Tax Rates – No Change to Iowa Fuel Excise Tax Rates

 

What’s New?

Oil Spill Liability Tax Extended - The federal Oil Spill Liability Tax (OSLT) set to expire on December 31, 2020 is extended through December 31, 2025. Refiners pay the $0.09 cents per barrel of crude oil tax and pass it down the distribution chain as a cost. OSLT is a cost and not a tax below the refinery gate.

Alternative Fuel Mixture Credit Extended - The federal Alternative Fuel Mixture Credit set to expire on December 31, 2020 is extended through December 31, 2021. The credit is 50 cents per gallon of alternative fuel used to produce a mixture containing at least 0.1 percent gasoline, diesel, or kerosene. Qualified alternative fuels are liquefied hydrogen, P-Series fuel, liquid fuel derived from coal through the Fischer-Tropsch process, and liquid fuel derived from biomass.

Expiration of COVID-19 Commercial Aviation Kerosene Tax Holiday - The 4.4 cpg federal excise tax for kerosene used in commercial aviation is reinstated on January 1, 2021. 

Click here to download a detailed summary of the 2021 Federal Motor Fuel Excise Tax Rates. 

Iowa Motor Fuel Excise Tax Rates Through June 30, 2021

Fuel Type

Excise Tax Rate Through June 30, 2021

Gasoline

$0.300

Alcohol

$0.240

E10 – E14 Gasoline

$0.300

E15 + Blended Gasoline

$0.240

E85

$0.240

Diesel Fuel (may contain up to B10)

$0.325

B11 + Blended Fuel

$0.301

Aviation Gasoline

$0.080

Aviation Jet

$0.050

Liquified Petroleum Gas

$0.300

Liquified Natural Gas

$0.325

Compressed Natural Gas

$0.310

Hydrogen

$0.650

 By EMA







RINAlliance Seneca Companies AssuredPartners Renewable Energy Group HEALTHAlliance Unified Contracting Services EMC Insurance Altria Cylinder Express PMMIC Insurance Midwest Petroleum Equipment Jet Gas Molo Petroleum Seneca Tank Rainbo Oil Company MAST ATM Sinclair Westmor Industries Otter Creek Country Stores, Inc Philip Morris International GROWMARK Energy HTP Energy Flint Hills Elliott Oil Company Federated Insurance WorldPay Phillips 66 Mulgrew Oil Core-Mark Delta Dental Central Bank McDermott Oil Co Valero Olsen Fuel Supply Atlas McGowen, Hurst, Clark & Smith PC Reif Oil Wellmark Community Oil Company BP Cenex
PMCI Facebook PMCI Twitter PMCI LinkedIn
Home   |    About FUELIowa   |    Site Map   |    Privacy   |    Contact Us   |    ©2019 FUELIowa, All Rights Reserved
10430 New York Ave., Suite F, Urbandale, IA 50322-3773   |    P. 515.224.7545   |    F. 515.224.0502
Home
About FUELIowa
Site Map
Privacy
Contact Us
10430 New York Ave., Suite F, Urbandale, IA 50322-3773
P. 515.224.7545
F. 515.224.0502
©2019 FUELIowa, All Rights Reserved