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While most fuel taxes were initially levied as a fixed number of cents per gallon, as of 2016, nineteen states and District of Columbia have fuel taxes with rates that vary alongside changes in the price of fuel, the inflation rate, vehicle fuel-economy, or other factors. [7] The table below includes state and local taxes and fees.
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In the U.S., most consumer goods bear pre-tax prices, but gasoline prices are posted with taxes included. Taxes are added by federal, state, and local governments. As of 2009 [update] , the federal tax was $0.049 per liter ($0.184/U.S. gal) for gasoline and $0.064 per liter ($0.244/U.S. gal) for diesel (excluding red diesel ).
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 ...
A twisted Mississippi brother and sister plotted to hire a hitman to murder their stepfather — so they could swipe his $1.75 million trust and “bleed that motherf—er dry,” authorities said.
During World War II defense related population and industry growth boosted natural gas sales in California and cut deeply into the state's natural reserves. [ 27 ] [ 28 ] In 1947, PG&E entered into a contract with the Southern California Gas Company and the Southern Counties Gas Company to purchase natural gas through a new 1,000-mile pipeline ...
The Trump administration's budget proposal was released on March 11, 2019. [2] [3] On August 1, 2019, the Bipartisan Budget Act of 2019 was passed by the House. The next day, on August 2, 2019, the bill was passed by the Senate and signed into law by President Trump.
Trump also became the fourth-ever Republican to carry North Carolina without winning the presidency. This was Trump's narrowest victory in any state, and it was a closer result than his 3.67% margin over Hillary Clinton in 2016 and Mitt Romney's 2.04% margin over Barack Obama in 2012. North Carolina was the only state in the 2020 election in ...