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The average U.S. gas price on Jan. 15, 2025, was $3.09 per gallon — up 0.7% from $3.07 a year ago. The highest average gas price per gallon in 2024 was in April ($3.61) and the lowest was in ...
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
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. Total inflation from 1993 until 2017 was 68 percent or up to 77 percent, depending on the source. [17 ...
At the time of writing, the national average price of regular gas is $3.62 per gallon, $0.02 higher than this time last year. Drivers who use premium gas are paying $0.07 more this year than last ...
10 States Where Gas Prices Increased Most. Utah. Percent increase in gas price over one year: 9.3%. Price for a regular gallon of gas, January 2025: $3.03
In June 2021, the national average price for a gallon of gas was $3.09, according to data from AAA, but as of June 2022, it had topped $5. That marks a gain of over 60% in a single year.
The national average price for regular gasoline surged by 4 cents a gallon on Tuesday to $3.64 a gallon, according to AAA. Gas prices are going up. The national average price for regular gasoline ...
The national average price for a gallon of gas are going down in the U.S. with Tuesday's national average just at $3.137, according to AAA.. The amount is 9 cents lower than last week's average ...