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Diesel fuel prices are rising. That could pose a problem for retailers going into the the fall months. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...
An Audi R10 TDI LMP race car, fueled on Shell V-Power Diesel. V-Power Diesel is Shell's version of an enhanced diesel fuel, similar to BP's 'Ultimate Diesel'. Like BP Ultimate Diesel, Shell V-Power Diesel is designed for modern compression-ignition diesel engines, to facilitate enhanced engine performance along with increased engine protection, for more consistent operation and engine longevity.
Gas prices are now 22% below their peak, but diesel is just 8% lower. On a year-over-year basis, gas prices are up 15% while diesel is up 43%. High diesel prices are a kind of hidden inflation ...
Retail markup over crude oil and wholesale gasoline, 2014–2019 Oil, gas, and diesel prices RBOB Gasoline Prices. In 2008, a report by Cambridge Energy Research Associates stated that 2007 had been the year of peak gasoline usage in the United States, and that record energy prices would cause an "enduring shift" in energy consumption practices. [6]
The gas tax is critical to funding the nation's highway maintenance, but as the holidays near and the days get shorter, consumers are looking for a fast solution to diesel prices.
Shell is the market leader through approximately 14,000 Shell-branded fuel stations in the U.S. which also serve as Shell's most visible public presence, and comes closest to serving all 50 states, lacking a presence only in Montana. [9] At its gas stations, Shell provides diesel fuel, fuel and LPG.
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.
The national average for gas is at $3.86 while diesel sits at $4.58, according to AAA. Diesel is used in everything from trucks transporting goods to ships carrying cargo.
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