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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.
Gas prices have surpassed $5 in nine states, and analysts predict the national average could rise above $6 a gallon by Labor Day. Gas prices have surpassed $5 in nine states, and analysts predict ...
A diesel cycle engine can be as much as 40% to 50% efficient at converting fuel into work, [2] where a typical automotive gasoline engine's efficiency is about 25% to 30%. [3] [4] In general, an engine is designed to run on a single fuel source and substituting one fuel for another may affect the thermal efficiency.
From 4 to 7 p.m., customers can get 40 cents off every gallon of gas during the promotion. Circle K Fuel day is an annual event where gas is discounted for a special cause.
also subject to additional county taxes, up to 8 cents per gallon on Aviation Fuel, 4 cents per gallon for Jet Fuel New Hampshire: 4.0: 2.0: The rate for Jet Fuel for aircraft operating under FAR Part 121 is 0.5 cents per gallon New Jersey: 10.56: 13.56 New Mexico: 17.0: See notes: Jet Fuel is subject to gross receipts tax New York: 6.5: 6.5 ...
Gas prices reached a record high in June 2022, with regular unleaded gasoline averaging $5.016 per gallon, as reported by the American Automobile Association (AAA). Prices have since retreated ...
American Automobile Association (AAA – commonly pronounced as "Triple A" or "Three A" but also pronounced as individual letters) is a federation of motor clubs throughout North America. AAA is a privately held not-for-profit national member association and service organization with over 60 million members [1] in the United States and Canada. [2]
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