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The current national gas price average is $3.62 per gallon. The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon.
(The Center Square) – The national average price of gasoline in the U.S. has fallen below $3 per gallon, just in time for those traveling for Christmas. Motorists across the country will most ...
While prices have come down since the peak in June, prices were beginning to tick up again. Gas prices hit $3.79 a gallon the week of September 29, 2022, up from $3.73 on September 23, 2022 — an increase of $0.06 per gallon over the last week. [14] Since October 10, 2022, the price of gasoline has gone down again.
Gasoline prices are on a downward trend, with 11 states now averaging below $3 per gallon.The steady decline comes amid falling seasonal demand and use of less-expensive winter-grade gas.. Drivers ...
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.
Story at a glance The nationwide average for a gallon of regular gasoline is now $3.98 per gallon. The price fell below $4 per gallon for the first time since March on Thursday. Average gas prices ...
The price of regular unleaded gas on average was $3.063 per gallon on Tuesday, down from $3.183 a month ago and $3.313 a year ago, according to AAA. This story has been updated with new information.
The gasoline national average had been in a downward trend from its September 2023 peak of $3.88 per gallon. About a month ago, the average pump price hovered near a one-year low of $3.07.
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