ATA calls on Biden administration to take action to lower diesel prices
Summary
These small businesses account for 97% of trucking companies in the U.S., running 20 trucks or fewer.” To help solve the problem of soaring diesel prices, ATA calls on Washington to take the following actions: • Utilize the oil and natural gas found in the Gulf of Mexico by expediting lease sales and permits for offshore energy production • Expedite permitting for pipelines and other energy infrastructure • Encourage expedited carbon capture & sequestration rulemaking to ensure that America remains a world-leader in emissions reduction The group also noted that while battery-electric and hydrogen fuel cell trucks are on the horizon, “decarbonization of the freight sector cannot be realized overnight.” “Forcing it before it makes economic and technological sense will not accelerate its arrival but instead prolong it,” ATA added. "Fuel prices have surged in recent months, hurting working families and small businesses the most, and it is crucial that we provide New Yorkers relief," Hochul said. Also beginning June 1, Delaware, Dutchess, Erie, Monroe, Putnam, Rockland, Saratoga, Schenectady, Ulster, Wayne and Yates counties will collect tax only on the first $2 charged per gallon of gas and diesel, regardless of the actual price at the pump. Allegany, Broome, Cattaraugus, Chautauqua, Jefferson, Livingston, Nassau, Niagara, Oneida, Onondaga, Oswego, Suffolk and Westchester counties will collect tax only on the first $3 charged per gallon of gas and diesel, regardless of the actual price at the pump. Collectively, the new regulations are designed to reduce tailpipe NOx limits by up to 90%, thus accelerating the need for global engine manufacturers to employ additional emission-reducing strategies such as electric catalyst heating.