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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.
At the time of writing, the national average price of regular gas is $3.62 per gallon, $0.02 higher than this time last year. Drivers who use premium gas are paying $0.07 more this year than last ...
The national average for gas is at $3.86 while diesel sits at $4.58, according to AAA. ... "For nearly all of the country, we are now 'past peak' for gas prices," said Kloza.
28 straight days that #gasprices have declined, the national average now $4.66/gal, Americans today will spend $142 million less on gasoline than on June 14. — Patrick De Haan (@GasBuddyGuy ...
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The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [ 1 ] [ 2 ] Proceeds from the tax partly support the Highway Trust Fund . The federal tax was last raised on October 1, 1993, and is not indexed to inflation , which increased 111% from Oct. 1993 until Dec. 2023.
Gas price may refer to: Gasoline and diesel usage and pricing; Natural gas prices This page was last edited on 1 April 2022, at 15:28 (UTC). Text is available under ...
Gas prices have been on a downward trend recently, with the national average at $3.40 per gallon, according to AAA.. The EIA forecasts the average for 2023 to come in at $3.55 per gallon, compared ...