In 2015, how much federal fuel tax did trucks pay on each gallon of diesel fuel?
Answer: C — 24.4 cents
In 2015, trucks contributed a federal fuel tax of 24.4 cents on each gallon of diesel fuel. This tax is part of a long-standing federal program that funds various transportation-related initiatives, including highway maintenance and infrastructure development. The fuel tax for diesel vehicles is generally higher than that for gasoline, reflecting the heavier impact that trucks have on road conditions due to their weight and usage patterns. Understanding this tax is crucial for trucking companies as it significantly affects operational costs, making it essential for those in the industry to be acutely aware of these figures for accurate budgeting and financial planning.