NASTC pricing also shows before tax fuel price that with proper pretrip planning I try to buy cheapest pretax fuel price that I also make my choice by past experience on fuel quality to where I fuel too.
buying cheaper fuel.
Discussion in 'Ask An Owner Operator' started by snowwy, Jan 31, 2012.
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Seems like gas is always on the rise!
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Today $106,13.- www.oil-price.net123456 Thanks this.
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There seems to be some misconception about the IFTA jurisdictional taxes. Each state charges their own diesel tax. On the IFTA return, each jurisdiction's calculated tax (jurisdictional miles divided by the MPG) is off-set by the tax paid at the pump (gallons purchased). The result is a tax due or refund for each jurisdiction. The net total of the jurisdictional taxes due or refunds equals the amount to be paid on the quarterly return. If you purchase fuel in jurisdictions with higher tax rates and consume part of that fuel in states with lower tax rates, the quarterly return results in a refund and the tax is spread out over the quarter.
Fuel purchased on Indian reservations do not contain this tax and do not qualify for tax paid credit.
Indiana ($0.11 per gallons), Kentucky ($0.112 per gallon) and Virginia ($0.035 per gallon) all charge surcharge tax that are only paid on the quarterly return.
As of the 4th quarter of 2011, the jurisdictional fuel tax rates are from highest to lowest are:
1 CONNECTICUT $ 0.4620
2 NEW YORK $ 0.3925
3 PENNSYLVANIA $ 0.3810
4 ILLINOIS $ 0.3780
5 WASHINGTON $ 0.3750
6 MICHIGAN $ 0.3610
7 N. CAROLINA $ 0.3500
8 CALIFORNIA $ 0.3470
9 WISCONSIN $ 0.3290
10 W. VIRGINIA $ 0.3220
11 FLORIDA $ 0.3207
12 RHODE ISLAND $ 0.3200
13 MAINE $ 0.3120
14 VERMONT $ 0.2900
15 MINNESOTA $ 0.2800
16 OHIO $ 0.2800
17 MONTANA $ 0.2775
18 NEVADA $ 0.2700
19 NEBRASKA $ 0.2630
20 ARIZONA $ 0.2600
21 KANSAS $ 0.2600
22 IDAHO $ 0.2500
23 UTAH $ 0.2450
24 MARYLAND $ 0.2425
25 KENTUCKY $ 0.2340
26 N. DAKOTA $ 0.2300
27 ARKANSAS $ 0.2250
28 IOWA $ 0.2250
29 DELAWARE $ 0.2200
30 S. DAKOTA $ 0.2200
31 MASS. $ 0.2100
32 NEW MEXICO $ 0.2100
33 COLORADO $ 0.2050
34 LOUISIANA $ 0.2000
35 TEXAS $ 0.2000
36 ALABAMA $ 0.1900
37 GEORGIA $ 0.1820
38 MISSISSIPPI $ 0.1800
39 N. HAMPSHIRE $ 0.1800
40 NEW JERSEY $ 0.1750
41 VIRGINIA $ 0.1750
42 MISSOURI $ 0.1700
43 TENNESSEE $ 0.1700
44 INDIANA $ 0.1600
45 S. CAROLINA $ 0.1600
46 WYOMING $ 0.1400
47 OKLAHOMA $ 0.1300
48 OREGON $ 0.0000carwreck and Logtruck08 Thank this. -
What I do is subtract the state tax from the price of diesel, that tells you how cheap you're really getting it. try to purchase fuel in the states you run, and find the cheapest price in those states. The price is always changing so keep an eye out. I like speedways, and mr fuel. seem to be one of the lowest, plus CC gets same price as cash. Loves is usually the cheapest between all major chains truckstops.
Good luck understanding IFTA, whether you do or not, you will still have to pay them what they want
P.S. try to fuel on Sat or Sun, sometimes you find excellent prices, supply and demand!rollin coal Thanks this. -
Indiana can be a great price if you're outside the Chicagoland area. You just have to factor the state fuel tax out of the price to determine it.
I only go as far west as Indiana and run the northeast. I lose about 1-1.5cpm (about 6-7c/g) by filling up mostly in Indiana on my way east. But, when you factor in the tax compared to Ohio, Pennsylvania, New York, and Connecticut, you'd be a fool to pass up on it. I can fuel in Indiana at one stop for 20c cheaper than the cheapest I can find in Ohio before any fuel discounts my card gives me. Ohio's tax is 11c more than Indiana. So, I'm saving 9c/g. Then, I owe about 6c/g at the end of the quarter. So, still a 3c discount and get to keep more money in my pocket until I pay the difference at the end of the quarter.
I also put a few gallons in central Pennsylvania and usually a few gallons in Jersey to get me back into the better priced stops in PA. Then it's full tanks in Indiana to start it over again.
Just remember, take the price per gallon minus the state's fuel tax (iftach.org has the tax per state) and see what your 'true price' will be. Illinois, if you drive through there, is a great bargain. Indiana is not, but only when you compare that to the states further northeast that are extremely high priced and the fuel tax barely factors into the increase.
4.41/g in Connecticut is nowhere close to paying 3.75/g in Indiana (4.41-.46=3.95 in CT or 3.75-.16=3.59 in IN).rollin coal and Logtruck08 Thank this. -
Some mom/pops will give you back the taxes (cash) after you finish fueling. I don't know why they do that
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