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No. 1 fuel oil No. 1 distillate No. 1 diesel fuel Kerosene: Jet fuel: Distillate 9-16 No. 2 fuel oil No. 2 distillate No. 2 diesel fuel: Road diesel Rail diesel Marine gas oil Distillate 10-20 No. 3 fuel oil No. 3 distillate No. 3 diesel fuel Marine diesel oil Distillate No. 4 fuel oil No. 4 distillate No. 4 residual fuel oil Bunker A
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.
Oil Price Information Service (OPIS) is a price reporting agency which provides information that is used for commercial contracts and trade settlement related to petroleum, gasoline, diesel, ethanol, biodiesel, LP-gas, jet fuel, crude, natural gas, petrochemicals, recycled plastics, refinery feedstocks, residual fuel, and kerosene.
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Taxes on gasoline and kerosene for aviation use have different tax rates than ground transportation by US state. [24] The rate shown is in US cents per gallon as of September 2017 (an updated list is available as of February 2021). [25] State Aviation Fuel Tax (excludes federal tax of 19.4¢/gal) Jet Fuel Tax (excludes federal tax of 24.4¢/gal ...
#2 Heating oil price, 1986–2022 Kerosene inventory stock levels (United States), 1993–2022. Heating oil is known in the United States as No. 2 heating oil. In the U.S., it must conform to ASTM standard D396. Diesel and kerosene, while often confused as being similar or identical, must each conform to their respective ASTM standards. [3]
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
Early railroad motor cars and tractors were offered with kerosene or gasoline-powered engines. Beginning in 1925, distillate-powered versions were offered, persisting until 1956, when the last "all-fuel" tractors were sold, while diesel-fueled tractors increased in popularity. Kerosene-engined tractors were phased out by 1934.