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The average price of a gallon of gas stood at about $3.10 a gallon as of Monday, according to AAA, unchanged from Sunday’s price reading. Diesel prices were trading up 10 cents a gallon.
The current national gas price average is $3.62 per gallon. The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon .
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
Bradford White Corporation, headquartered in Ambler, Pennsylvania, is an American-owned and employee owned, full-line manufacturer of residential and commercial and industrial products for water heating, space heating, combination heating and storage applications.
Natural gas prices 2000 - May 23, 2022 Comparison of natural gas prices in Japan, United Kingdom, and United States, 2007-2011 Natural gas prices at the Henry Hub in US Dollars per million Btu for the 2000-2010 decade. Price per million BTU of oil and natural gas in the US, 1998-2015
The current decline is notable given prices at the pump are about $0.30 lower than a year ago, when oil was hovering around the same levels as today.
The national average price for a gallon of regular unleaded gas is currently $3.40. Of the major metropolitan areas surveyed in Missouri, drivers in Columbia are paying the most at $3.28 on average.
The U.S. Energy Information Administration defines the barrel of oil equivalent as about 6 gigajoules (1.7 megawatt-hours; 5.7 million British thermal units). [1] The value is necessarily approximate as various grades of oil and gas have slightly different heating values.
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