Platts updates Superfund excise tax, removes oil spill tax for NYH gasoline cargo assessments from Jan. 2

Platts, part of S&P Global Energy, has updated the US excise tax that funds the federal Hazardous Substance Superfund, known as the petroleum Superfund tax, and removed the Oil Spill Liability Trust Fund tax as part of its assessments of gasoline cargoes delivered in New York Harbor with effect from Jan. 2, 2026.

This follows a decision by the US Congress to increase the Superfund tax to $0.18/b (0.43 cent/gal) from $0.164/b (0.39 cent/gal) and to eliminate the oil spill tax, which previously was $0.09/b (0.21 cent/gal).

The changes, in effect from Jan. 1, 2026, apply to crude oil and imported refined products and can be found on Form 6627 from the Internal Revenue Service. The taxes previously were updated in 2023 .

The updated taxes will be applied to the Platts New York "inside duty and RINs" gasoline cargo assessments and the corresponding Duty+RINs assessments from Jan. 2.

In addition to the petroleum Superfund tax, the New York Harbor import cargo assessments include the costs of RINs credits, as well as a Harbor Maintenance Fee, Merchandising Process Fee and duty.

The following assessments will be impacted by the Superfund tax change and oil spill tax elimination:

All other Platts US refined product assessments inherently reflect the value of any taxes, including the Superfund tax, which may have already been applied previously.

Please send all comments, feedback and questions to americas_products@spglobal.com with a copy to pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.