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And gas cost $3.392 a year ago. The average price of gas today is cheaper in Ohio than Pennsylvania ($3.517) and Michigan ($3.538), but pricier than West Virginia ($3.269), Kentucky ($3.102) and ...
Inflation-weary Ohio drivers are paying the lowest prices of the year for gasolines with prices falling below $2.60 at some central Ohio gas stations.
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 ...
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.
The price as at 20 January 2022, on the U.S. Henry Hub index, is US$3.87/ MMBtu ($13.2/ MWh). [4] The highest peak (weekly price) was US$14.49/MMBtu ($49.4/MWh) in January 2005. [5] The 2012 surge in fracking oil and gas in the U.S. resulted in lower gas prices in the U.S. This has led to discussions in Asian oil-linked gas markets to import ...
Oil and gas field distribution in Ohio, 1923. The petroleum industry in Ohio dates from 1859. Ohio continues to produce significant quantities of oil and gas, having produced more than 1 billion barrels of oil and 9 trillion cubic feet of natural gas since 1860. [1] Unconventional resources, primarily in eastern Ohio, are likely to increase ...
The price per gallon never topped 90 cents in the closing years of the ’80s — about $2.40 today. A decade later in 1996-97, prices peaked at $1.23, which is almost exactly the same in 2022 ...
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.