The tax expenditure on natural gas for transportation in the US is forecasted to steadily increase from $71.33 million in 2024 to $82.23 million in 2028. This indicates consistent year-on-year growth in the range of 3-4%. However, specific data on variations from 2023 is not provided, making it difficult to compare directly with prior performances.
Future trends to watch for include:
- Potential policy changes influencing tax structures.
- Technological advancements in natural gas vehicles affecting demand.
- Shifts in environmental regulations and their impact on natural gas usage.
