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Natural Gas Vehicle Tax Credit Ends, but the Odds Are Still in its Favor
2014-01-20 22:34:52| AutomotiveDigest.com - Automotive Industry News
Natural gas vehicles (NGV) like the Ford F-150 and Honda Civic Natural Gas have been attractive to many consumers and businesses its been much cheaper than gasoline and diesel; and a lot of people enjoy that its a domestically produced fuel and not coming from an overseas OPEC country. A federal tax incentive expired in Washington on December 31 thats increasing gas pump prices up to 50 cents for each gasoline gallon equivalent (GGE) of natural gas sold at a lot of fueling stations. There are a few reasons as to why it wont be going away: Even if the tax credit takes its strong price savings off a bit, its still a good deal. It might come back in Washington, and legislators are looking at the options. There are a few other items to keep in mind check out coverage of the issues hereThe Article Natural Gas Vehicle Tax Credit Ends, but the Odds Are Still in its Favor appeared first on Automotive Digest.
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Category:Automotive