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The best gas credit cards don’t always come from gas stations. In fact, because fuel costs make up such a small percentage of the average American budget (we spend about $5,000 on fuel each year ...
A few other credit cards likewise offer big cash-back bonuses for gas purchases, though those rates may vary by quarter. As of this writing, the national average cost of a gallon of gas is $3.63.
The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon. The highest recorded average price of regular gas was in June 2022 at $5.06 per gallon.
[1] [2] The system was introduced in 1982 in Europe, and Mobil claims to have been the first gas station to introduce pay at the pump in the United States in 1986. [3] [4] Only thirteen percent of convenience stores had the technology by 1994. Eighty percent of US convenience stores used it by 2002, and virtually all US stores do today.
By the 1890s, Valvoline oil was associated with winning race cars. [8] During the early 20th century, Valvoline was the recommended motor oil for the Ford Model T. [4] In 1949, Ashland Inc. purchased the Freedom-Valvoline Company. [9] By 2016, Ashland's Valvoline subsidiary accounted for about 37% of the parent company's annual revenue. [4]
Ashland was founded in 1924 as the Ashland Refining Company in Catlettsburg, Kentucky, by Paul G. Blazer. [3]In October 1923, J. Fred Miles of the Swiss Oil Company of Lexington, Kentucky [4] employed Paul G. Blazer and assigned him the task of locating, purchasing and operating a refinery in northeastern Kentucky.
We all know that the price of gas is higher than it used to be — and even though the average gas price has come down from June 2022’s record high of $5.016 per gallon, it’s still important ...
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