International Criminal Figure Pleads Guilty to $138 Million Fuel Tax Scheme After Nearly 13 Years as a Fugitive.

Massachusetts governor Patrick announces transportation and economic security plan. It intends to reform the Big-Dig culture, rebuild trust and transparency to help secure the MA's economic future. One of the highlights of the plan is the fuel tax increase.

China's top economic planning body and finance ministry has jointly urged competent authorities to sort out the fees related to vehicles and transportation and to scrap the six categories of highway tolls and waterways maintenance and administration fees as of Jan. 1, said xinhuanet.com today.

China’s National Development and Reform Commission (NDRC) is considering cutting down the upcoming fuel tax rate after collecting suggestions of trading companies and pubic users, a trader was quoted by Dow Jones as saying yesterday.

China's Ministry of Finance has decided to leave gasoline and diesel consumption tax rates unchanged in 2009, in response to rumor that it might raise the tax, said sina.com today, citing a new notice on the ministry's website.

China's top economic planning body is working closely with other organizations to study the feasibility of reforming the oil pricing mechanism and introducing fuel taxes to replace road tolls and cut oil prices, state media said today, citing latest information from the planner.