Gas tax dying, tolls needed - FHWA's Peters

January 15, 2004

FHWA head Mary Peters says new funding mechanisms such as tolls will need be the foundation for financing roads in the future. Speaking at the Transportation Research Board's 83rd annual meeting in Washington DC she said "We cannot depend on fossil fuel taxes into the future." Such revenues have not kept pace with needs because of increasing fuel efficiency of cars. And, the Federal Highways administrator said, this will become even more of a problem in future as hybrid engines and alternative fuels come into widespread use. She said the administration is urging the congress to look at new ways of raising revenue including tolls on the interstate system. Tolls would have the additional benefit, Peters said, of being capable of being varied by time of day or congestion levels to manage traffic. TRnews 2004-01-15

Further Reading

Leave a comment:

Upcoming Events