Fuel tax bill could increase gas cost

Fuel tax bill could increase gas cost

BY JOHN I. BORJA

Journal staff

The president of Mobil Oil Guam Inc. said a recent bill that changes exemptions to the liquid fuel tax is not in the best interest of the region’s economies.

Bill No. 257-34, introduced by Sen. Telena C. Nelson, seeks to no longer exempt fuel exports to a point outside of Guam from the liquid fuel tax. The intention of the bill is to create an additional revenue source, as much as $4.5 million annually, to support . . .

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