Search results
Results from the WOW.Com Content Network
AAA Texas, which monitors average gas prices across the state, reported the average price for a gallon of unleaded gas in Texas was $2.93 on Tuesday, while the reported national average was $3.45.
According to data from AAA, gas prices in Texas are nearing the national average. While the average price of regular gas in the United States is $3.63 per gallon, Texas residents pay an average of ...
Texas already has some of the lowest gas prices in the country, but the state average is 50 cents a gallon less this year compared to Labor Day weekend last year. ... "$2.95 is the average today ...
Gas flares were common sights in oilfields and at refineries. U.S. natural gas prices were relatively stable at around (2006 US) $30/Mcm in both the 1930s and the 1960s. Prices reached a low of around (2006 US) $17/Mcm in the late 1940s, when more than 20 percent of the natural gas being withdrawn from U.S. reserves was vented or flared.
The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [ 1 ][ 2 ] 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.
In Texas, the cheapest average price of gas is in Laredo, where it costs $3.98, the only city in the U.S. with an average under $4. The most expensive average price of gas is in El Paso, where it ...
Energy is a major component of the economy of Texas. The state is the nation's largest energy producer, producing twice as much energy as Florida, the state with the second-highest production. It is also the national leader in wind power generation, comprising about 28% of national wind powered electrical production in 2019.
The state's average gas price dropped 4.2% last week. Currently, gas prices are 76 cents away from the annual low of $2.73 in Texas.