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The lowest average was in Baton Rouge, Louisiana, at $3.38 per gallon. According to the survey, the average price of diesel plunged 37 cents over three weeks to $5.17 a gallon.
Still, that level represents 9% of global oil demand, and makes the U.S. the biggest fuel consumer in the world. That gives the dollar-per-gallon figure extra visibility in any government's scorecard.
Regular gas averaged $3.15 per gallon a year ago, according to AAA. The highest level average prices ever hit was $5.01 in June two years ago. Original article source: Gas prices hit a 3-year low ...
Depending on the marketplace, the price of natural gas is often expressed in currency units per volume or currency units per energy content. For example, US dollars or other currency per million British thermal units, thousand cubic feet, or 1,000 cubic meters. Note that, for natural gas price comparisons$, per million Btu multiplied by 1.025 ...
That’s down from $3.13 a gallon in October, $3.22 in September and $3.50 a year prior. Some experts predict prices will keep falling even as the industry deals with various headwinds.
A major gas station chain is selling unleaded 88 gas for $1.99, which the EPA says 9 out of 10 vehicles can safely use. 670 stations to offer gas for $1.99 per gallon Thanksgiving weekend Skip to ...
The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [16] [17] 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.
The current national gas price average is $3.62 per gallon. The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon.