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On average, as of April 2019, state and local taxes and fees add 34.24 cents to gasoline and 35.89 cents to diesel, for a total US volume-weighted average fuel tax of 52.64 cents per gallon for gas and 60.29 cents per gallon for diesel. [3]
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 national average price for a gallon of gasoline is at $3.50, according to AAA as of Jan. 26, 2023. ... GOBankingRates mapped out a chronology of average gas prices for more than 90 years ...
The current national gas price average is $3.62 per gallon. The average cost of gas has decreased 15% in the last two years, ... 2019: $2.60. 2020: $2.17. 2021: $3.01. 2022: $3.95.
Additionally, she pointed to 2019 prices, where gas average $2.89 per gallon through May, based on statistics from AAA. To contrast, however, last May gas had dropped as low as $1.06 per gallon as ...
The same week, gas prices reached $2.37, the lowest in December in two years. [99] WTI ended 2018 at $45.41 a barrel, off 10.8% the month, 38% for the fourth quarter, and 24.8% for 2018. Brent finished at $53.80 off over 8% for the month, 35% for the quarter, and 19.5% for the year. U.S. crude supplies were down while gasoline supplies were higher.
The price of gas has fallen for seven straight weeks, and the national per-gallon average is almost back to $4 -- $4.01 as of August 10. ... In 2019, Reuters reported that Libya still had some of ...
Average fuel economy in the United States gradually declined until 1973, when it reached a low of 13.4 miles per US gallon (17.6 L/100 km; 16.1 mpg ‑imp) and gradually has increased since, as a result of higher fuel cost. [25] A study indicates that a 10% increase in gas prices will eventually produce a 2.04% increase in fuel economy. [26]