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In early 2020 the gas price has dropped down to a national average of $1.73 a gallon. [11] In 2021, the average price increased to $3.01/gallon. [12] By the end of June 2022, the price of gasoline reached a record high of over $5/gallon with some places reporting $6/gallon. [13]
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. 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 ...
The national price of diesel was at $4.38 per gallon as of Monday, $0.41 higher from a month ago, according to data from AAA.
The program covered model year 2012 to model year 2016 and ultimately required an average fuel economy standard of 35.5 miles per US gallon (6.63 L/100 km; 42.6 mpg ‑imp) in 2016 (of 39 miles per gallon for cars and 30 mpg for trucks), a jump from the 2009 average for all vehicles of 25 miles per gallon.
According to the survey, the average price of diesel plunged 37 cents over three weeks to $5.17 a gallon. ___ This story has been corrected to show that the last survey was three weeks ago, not two.
The average gas price in the United States last week was $3.52, making prices in the Midwest region about 3.3% lower than the nation's average. The average national gas price is up from last week ...
Petroleum diesel, also called petrodiesel, [23] fossil diesel, or mineral diesel, is the most common type of diesel fuel. It is produced from the fractional distillation of crude oil between 200 and 350 °C (392 and 662 °F) at atmospheric pressure , resulting in a mixture of carbon chains that typically contain between 9 and 25 carbon atoms ...
Gas prices in the US are steadily rising again, leaving prospects of a $3 national average in the rearview mirror.. As of Feb. 15, the national average gas price stood at $3.28 per gallon, up $0. ...