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The average price in 2012 was $3.618 per US gallon ($0.96/L), the highest ever yearly average as of 31 December 2012. As of 31 December 2012, the average price of gasoline was $3.298/US gal ($0.87/L), with New York at $3.70/US gal ($0.98/L) for the highest in the US, and Colorado at $2.987/US gal ($0.79/L) for the lowest.
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 ...
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 ...
Updated April 19, 2024 at 7:00 AM. At the time of writing, the national average price of regular gas is $3.62 per gallon, $0.02 higher than this time last year. Drivers who use premium gas are ...
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.
Continuing a recent downward trend, the average price of gas nationwide will fall to $3.27 per gallon on Labor Day, GasBuddy predicted in its annual travel forecast for the holiday. The projection ...
The average fuel economy for all vehicles on the road is higher in Europe than the United States because the higher cost of fuel changes consumer behaviour. In the UK, a gallon of gas without tax would cost US$1.97, but with taxes cost US$6.06 in 2005. The average cost in the United States was US$2.61.
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. ...