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To quote the California Hydrogen Business Council, “Currently, a kilogram of hydrogen costs between $10 and $17 at California hydrogen stations, which equals about $5 to $8.50 per gallon of ...
For example, from May 2022 to June 2022 the average cost of gas increased by $0.88 per gallon. Data below from the U.S. Energy Administration show fuel costs from 2011 to 2023. Average price per ...
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 cents per gallon for diesel. [3]
The U.S. Navy estimates that shipboard production of jet fuel from nuclear power would cost about $6 per gallon. While that was about twice the petroleum fuel cost in 2010, it is expected to be much less than the market price in less than five years if recent trends continue.
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 Hydrogen Expedition is currently working to create a hydrogen fuel cell-powered ship and using it to circumnavigate the globe, as a way to demonstrate the capability of hydrogen fuel cells. [134] In August 2021 the UK Government claimed it was the first to have a Hydrogen Strategy and produced a document. [135]
Toyota Motor Corp is doubling down on its investment in hydrogen fuel cell vehicles, designing lower-cost, mass-market passenger cars and SUVs and pushing the technology into buses and trucks to ...
In late 2022, to quote the California Hydrogen Business Council from a now-deleted page on their website, “A kilogram of hydrogen costs between $10 and $17 at California hydrogen stations, which ...