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A month ago, the price per gallon averaged $3.154. 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 ...
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 average price for a gallon of regular unleaded gasoline in Ohio is $2.716. That's 22 cents less than last month and 46 cents less than last year. ... The average price for a gallon of regular ...
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.
Gasoline prices in Ohio are tumbling approaching the Labor Day weeks with stations throughout the state selling gas below $3 per gallon.
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.
One GGE of natural gas is 126.67 cubic feet (3.587 m 3) at standard conditions. This volume of natural gas has the same energy content as one US gallon of gasoline (based on lower heating values: 900 BTU/cu ft (9.3 kWh/m 3) of natural gas and 114,000 BTU/US gal (8.8 kWh/L) for gasoline). [22]
Jan. 4—The average price of gasoline across South Central Ohio is two cents lower this week at $3.087 per gallon, according to AAA East Central's Gas Price Report. This week's average prices ...