Ameer Randolph
The price of diesel fuel in Texas is a dynamic figure that fluctuates over time and across different gas stations. Several factors influence the pricing, including taxes, import regulations, and supply and demand dynamics. Texas has specific tax policies and licensing requirements for diesel fuel, which can impact the cost for suppliers and consumers. Additionally, the price at the pump can vary based on the location of the gas station, with some stations offering more competitive prices or self-service options. Understanding the factors that contribute to diesel fuel pricing in Texas provides insight into the state's energy landscape and how these costs can impact businesses and individuals.
| Characteristics | Values |
|---|---|
| Average Price | $2.840 |
| Gas Stations with Cheap Diesel Prices | 2010-A Heights Dr. Harker Heights, TX ($2.38); 3101 W Stan Schlueter Loop Killeen, TX ($2.38) |
| Tax Discount for Suppliers and Importers | 2% |
| Tax Discount for Distributors and Importers | 1.75% |
| Tax Penalty for Late Payment | 10% |
| Penalty for Suppliers, Permissive Suppliers, Distributors, Importers and Exporters Redirecting Fuel to Texas | $2000 or five times the tax due, whichever is greater |
| Penalty for Sale of Tax-Free Diesel Not Reported Within 180 Days | $200 |
| Reporting Method for Import Verification Number | Electronic Data Interchange (EDI) |
| Number to Call for Import Verification Number | 877-676-7811 |
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What You'll Learn
Diesel fuel tax and discounts
In Texas, there is a tax of twenty cents ($0.20) per gallon on diesel fuel that is removed from a terminal, imported, blended, sold to an unauthorized person, or otherwise put to taxable use that is not exempted by law. This tax is due on the 25th day of the month following the end of the calendar month. For example, taxes for March are due on April 25th.
If the tax is paid by the due date, suppliers and importers can apply a 2% discount, while distributors and importers can apply a 1.75% discount.
There are additional penalties for late payment of the diesel fuel tax in Texas. If the tax is paid more than 30 days after the due date, a 10% penalty is assessed. Furthermore, licensed suppliers, permissive suppliers, distributors, importers, and exporters who purchase diesel fuel for export but redirect the purchased fuel to a destination in Texas before export are subject to a penalty of $2,000 or five times the amount of the tax due (whichever is greater) if the tax due on the redirected fuel is paid after the due date. A penalty of $200 is applied to each subsequent sale of tax-free diesel fuel in Texas that is not reported within 180 days of the due date of the original report of the sale.
Additionally, House Bill 3599 of the 88th Legislative Session, effective September 1, 2023, exempts from tax any diesel fuel sold to a non-profit food bank and delivered into either a storage facility or trucks with a gross vehicle weight of at least 25,000 pounds that are owned by the nonprofit food bank and used to deliver food.
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Fuel suppliers and importers
Texas has a number of fuel suppliers and importers, each with their own unique offerings and advantages. Here is an overview of some of the prominent fuel suppliers and importers in Texas:
Texas Fueling Services, Inc. (TFS)
Texas Fueling Services, Inc. (TFS) is a leading distributor of specialty fuel services and fuel products. They provide fuels and lubricants to commercial and industrial customers across the United States. TFS strives to meet the unique fueling needs of its clients and is committed to delivering innovative solutions. They also prioritize safety and provide safety training to ensure smooth operations.
Parks Fuels
Parks Fuels is a reputable fuel supplier in West Texas known for its focus on customer service, safety, and reliability. They have a vast network of partnerships with major suppliers and refiners, enabling them to offer high-quality fuels at affordable prices. Parks Fuels owns above-ground fuel tanks with a storage capacity of over 100,000 gallons, ensuring product availability for their customers.
Ricochet Fuel Distributors
Ricochet Fuel Distributors have been in the business of delivering bulk fuels since 1988 and serve a diverse range of industries. They provide on-site fuel tanks and remote monitoring services to ensure their clients never run out of fuel. Ricochet Fuel is known for its exceptional customer service, punctuality, and reliability. They work closely with their customers to meet their specific fuel needs and have built a strong reputation in the state.
Regulatory and Tax Information for Suppliers and Importers
The State of Texas has specific regulations and tax requirements for fuel suppliers and importers. These include licensing requirements, such as the need for a terminal operator's license and a supplier's license for the removal of diesel fuel from terminals. Additionally, there are tax considerations, with penalties for late payments and incentives for early payments. Suppliers and importers can avail of a 2% discount if taxes are paid by the due date, while late payments may incur a 10% penalty.
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Fuel reporting methods
Government Agencies: In Texas, the state government plays a crucial role in fuel price monitoring and reporting. The Texas Comptroller of Public Accounts is responsible for collecting and publishing fuel tax rates and other related information. They provide regular updates on fuel excise taxes, which indirectly impact the overall fuel price. While they may not report the fuel prices themselves, the tax rates allow consumers to understand the taxation component of the fuel prices.
Industry Associations: Industry associations, such as the Texas Fuel Association or similar organizations, often track and report fuel prices for their members and the public. These associations may have access to wholesale and retail fuel price data, which they can aggregate and analyze to provide insights into fuel price trends in Texas. Their reports can include average fuel prices, price differences across regions, and comparisons with historical data.
Fuel Price Tracking Websites: Dedicated fuel price tracking websites and mobile applications have become popular tools for reporting fuel prices. These platforms aggregate data from various sources, including fuel stations and user submissions. They provide real-time or near-real-time fuel price information for specific areas, such as cities or zip codes. Examples may include websites or apps dedicated to helping drivers find the best fuel prices in their local areas.
Fuel Company Reports: Major fuel companies and retailers in Texas may publish their own fuel price reports or data. These reports often include insights into current and historical fuel prices, market trends, and predictions. They utilize their sales data and market analysis to provide valuable information to customers and stakeholders. Fuel company reports can offer a detailed perspective on the fuel pricing landscape.
News Media and Press Releases: News outlets and press releases can also provide information on fuel prices and related developments. While they may not offer real-time updates, they provide analysis and insights into fuel price changes and the factors influencing them. Press releases from major fuel companies are also a source of information, especially when announcing price adjustments or explaining significant changes.
Community Reports and Word-of-Mouth: Local communities and individuals can also contribute to fuel price reporting, especially in sharing hyper-local information. Word-of-mouth communication and community forums may be sources of fuel price updates, particularly in areas where fuel prices vary significantly or when there are notable fluctuations. Community members can share their observations and help each other find the best fuel deals in their local areas.
Each of these fuel reporting methods serves a unique purpose and contributes to a comprehensive understanding of fuel prices in Texas. By utilizing these sources, consumers can make more informed choices, businesses can adjust their strategies, and government entities can make informed decisions related to fuel and energy policies.
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Fuel prices in Texas
However, prices can be found for less at certain gas stations. For example, gas stations in Beaumont, Harker Heights, and Killeen, TX, have been reported to offer fuel at prices ranging from $2.35 to $2.38 per gallon.
When it comes to diesel fuel in Texas, there are specific taxes and regulations to consider. A tax of $0.20 per gallon is levied on diesel fuel that is removed from a terminal, imported, blended, sold to an unauthorized person, or used for other taxable purposes not exempted by law. This tax comes with specific discounts and penalties for suppliers, importers, and distributors depending on timely payments.
Additionally, Texas has reporting requirements for motor fuel transported into the state by cargo tank or delivered to a different destination state than what is printed on the shipping documents. These reporting methods and requirements are outlined by the Texas Comptroller's office, which also provides information on fuel tax licenses and registration.
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Cheapest diesel fuel stations
While I am unable to provide the most up-to-date information on the cheapest diesel fuel stations in Texas, I can offer some general insights based on past reports.
According to comments on GasBuddy.com, users have found competitively priced diesel fuel at the following stations in Texas:
- 1615 IH-10 S Beaumont, TX: This station has been praised for its low prices, with users noting that it is usually the best option for diesel fuel. The station offers membership pricing and a self-serve option.
- 2010-A Heights Dr. Harker Heights, TX: Users have indicated that this station typically offers diesel fuel at a cheaper rate than other gas stations in the area. It provides various amenities, including a C-store, restrooms, an air pump, an ATM, and lotto.
- 3101 W Stan Schlueter Loop Killeen, TX: This station has been mentioned for its competitive diesel fuel pricing, similar to the Harker Heights location.
It is worth noting that these comments reflect individual experiences and may not always represent the most current pricing or availability. Additionally, some stations may not accept gas cards for diesel fuel purchases, so it is advisable to contact the station or refer to their payment methods before visiting.
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Frequently asked questions
The price of diesel fuel in Texas varies across the state. The average price is $2.840.
There is a tax on diesel fuel in Texas, which is $0.20 per gallon. This tax rate may change depending on the circumstances of the purchase. For example, if the fuel is removed from a terminal, imported, or sold to an unauthorized person.
Yes, there are penalties for late payments of diesel fuel taxes in Texas. A 10% penalty is assessed if the tax is paid more than 30 days after the due date. There are also additional penalties for suppliers, permissive suppliers, distributors, importers, and exporters who redirect fuel intended for export to a destination in Texas prior to export.
Yes, suppliers and importers can apply a 2% discount on their taxes if paid by the due date, while distributors and importers can apply a 1.75% discount.
There are a few gas stations in Texas that offer cheaper diesel fuel prices. For example, a gas station in Beaumont, TX, offers diesel at $2.35, and another in Harker Heights, TX, offers it at $2.38.
