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Gas prices in New Jersey hit their lowest point since March 2022, according to data from GasBuddy.com. Prices of $2.99 have been “spreading like wildfire just in time for the start of the ...
On Monday, the average gas price in New Jersey was $2.98, AAA reported. That’s up from $2.92 a month ago but down from $3.27 a year ago. New Jersey is six cents lower than the $3.04 national ...
The average price for gas in NJ was $3.01 Thursday, down from $5.05 in June 2022. Lower demand, cheaper winter blend are factors. North Jersey gas prices falling below $3 a gallon.
On average, as of April 2019, state and local taxes and fees add 34.24 cents to gasoline and 35.89 cents to diesel, for a total US volume-weighted average fuel tax of 52.64 cents per gallon for gas and 60.29 cents per gallon for diesel.
In the aftermath of Hurricane Katrina in 2005, the price of E85 rose to nearly on par with the cost of 87 octane gasoline in many states in the United States, and was for a short time the only fuel available when gasoline was sold out, but within four weeks of Katrina, the price of E85 had fallen once more to a 20% to 35% lower cost than 87 ...
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.
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As of 2017, the excise tax on gasoline was €0.651 per liter (regional prices varied from €0.407 to €0.6682). With a VAT rate of 20%, the percent of the total price of gasoline that came from taxes was 63.9% [12] The excise tax on diesel fuel was €0.531 per liter (€0.5307 to €0.5631). With the 20% VAT, 59.3% of the total cost of ...