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Federal tax revenue on gasoline and diesel. Federal fuel taxes raised $36.4 billion in Fiscal Year 2016, with $26.1 billion raised from gasoline taxes and $10.3 billion raised from diesel and special motor fuel taxes. [16] The tax was last raised in 1993 and is not indexed to inflation.
The average price of regular gasoline rose from $1.773 during the week of April 27, 2020, to $5 as of June 11, 2022, an all-time high. [37] California led the nation in gas prices with an average gallon of regular gas in the state reaching $6.43 as of June 11, 2022. [38]
From California’s statewide average of $5.89 per gallon in September, the average price for a gallon of regular gas dropped more than a dollar (to $4.62) by t he end of the year.
Wyoming. The cost of gas costs in a lifetime: $201,698.22 The average annual cost of gas: $3,306.53 The total average lifetime fill ups: 4,457 Find Out: The 50 Happiest States in America and How ...
The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon. The highest recorded average price of regular gas was in June 2022 at $5.06 per gallon.
On average, as of July 2016, state and local taxes add 29.78 cents to gasoline and 29.81 cents to diesel for a total US average fuel tax of 48.18 cents per US gallon (12.73 ¢/L) for gas and 54.21 cents per US gallon (14.32 ¢/L) for diesel. [29]
The state average for a gallon of regular gasoline was $4.81 Friday. That was down from $5.19 a month ago and $4.86 last summer at this time. Two years ago, prices in California hit $6.44 a gallon ...
The national average for gas prices is $3.54 per gallon as of March 2024, but the final price you pay might be drastically higher — or lower — depending on the state that you live in.For ...