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As of October 2013, the retail cost of propane was approximately $2.37 per gallon, or roughly $25.95 per 1 million BTUs. [58] This means that filling a 500-gallon propane tank, which is what households that use propane as their main source of energy usually require, cost $948 (80% of 500 gallons or 400 gallons), a 7.5% increase on the 2012 ...
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 painful price per gallon of gas gets all the headlines, but this year's inflation has not been kind to people who rely on propane either. Residential propane prices typically rise in the peak ...
2 per unit of energy than does coal or oil, but more than natural gas. It emits 81% of the CO 2 per kWh produced by oil, 70% of that of coal, and less than 50% of that emitted by coal-generated electricity distributed via the grid. [39] Being a mix of propane and butane, LPG emits less carbon per joule than butane but more carbon per joule than ...
Nicholas Trucking is currently saving more than 53% on fuel costs and will get $0.37 per gallon additional savings through the federal alternative fuel tax credit.
In the futures market, natural gas prices soared 10 percent on Tuesday. As for propane, more than two dozen states are facing supply shortages. That's sent prices soaring by as much as 50 percent ...
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