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The reform raised the price to $0.40 US per liter and later reduced the ration to 60 liters per month. The price for over-quota consumption and the imported cars were $0.70 US per liter. The energy price reform included a cash-rebate program through which each person received 455,000 rials ($15 US) per month from the government.
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.
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 .
US Gas Prices Increase By As Much As 11% — See Where Your State Stacks Up Key takeaways. The average U.S. gas price on Jan. 15, 2025, was $3.09 per gallon — up 0.7% from $3.07 a year ago.
As of 2015, petrol excise tax is EUR0.766 per litre and diesel excise tax is EUR0.482 per litre, while LPG excise tax is EUR0.185 per litre. [19] The 2007 fuel tax was €0.684 per litre (€2.59/US gal; €3.11/imp gal). On top of that is 21% VAT over the entire fuel price, making the Dutch taxes one of the highest in the world.
Drivers have been hit by the average cost of a litre of petrol reaching a record of nearly £1.60. Figures from data firm Experian Catalist show UK forecourts sold the fuel at an average price of ...
Since 2007, gasoline prices in the UK rose by nearly 40 pence per liter, going from 97.3 pence per liter in 2007 to 136.8 pence per liter in 2012. [61] In much of Europe, including the UK, France and Germany, stations operated by large supermarket chains usually price fuel lower than stand-alone stations.
Consumption is currently around 84 million barrels (13.4 × 10 ^ 6 m 3) per day, or 4.9 km 3 per year, yielding a remaining oil supply of only about 120 years, if current demand remains static. [93] More recent studies, however, put the number at around 50 years. [94] [95]