AAA Daily Fuel Gauge Report for Friday, 9/20/24

National Average Price for Regular Unleaded Current: $3.543; Month Ago: $3.579; Year Ago: $4.857. National Average Price for Diesel Current: $3.864; Month Ago: $3.946; Year Ago: $5.772.

I can count on one hand the number of designers whose work I’ve fallen in love with based purely on their business card: Chad Michael is at the top of that list. Its devilishly intricate foil details and grinning skull-like grail are more in keeping with some mythical talisman than a simple calling card. It is precisely this mix of thoughtful sophistication and otherworldly iconography that makes Chad’s work seem both fresh and new, as well as gloriously historic. His bold choice of typography only enhances this feeling.

The American Trucking Associations applauded congressional leaders for introducing legislation to repeal the antiquated federal excise tax on the purchase of new trucks and trailers. “First implemented over a century ago to help finance America’s effort in World War I, the FET has become the largest excise tax on any product, adding $24,000 to the cost of each new clean-diesel tractor-trailer,” said American Trucking Associations President & CEO Chris Spear. “Keeping this antiquated tax on the books imposes an enormous hardship, particularly for the small fleets, family businesses, and independent truckers who make up the overwhelming majority of trucking. Removing this burden will allow motor carriers to replace their trucks with modern, safer, and cleaner equipment, which will in turn provide a boost to manufacturing jobs. Our industry is grateful to Reps. LaMalfa, Pappas, LaHood, Carbajal, and Miller for their leadership on this issue to improve highway safety, reduce emissions, and strengthen our economy.” The FET began in 1917 to help finance World War I. Today, it is the highest percentage federal excise tax – at 12 percent – levied on any product, amounting to a $6 billion annual burden on the trucking industry.