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This includes the resources it takes for exploration, to remove it from the ground, and transport it. Between 2004 and 2008, there was an increase in fuel costs due in large part to a worldwide increase in demand for crude oil. Prices leapt from $35 to $140 per barrel ($220 to $880/m 3), causing a corresponding increase in gas prices. [15]
Due to the higher density, diesel fuel offers a higher volumetric energy density: the density of EN 590 diesel fuel is defined as 0.820 to 0.845 kg/L (6.84 to 7.05 lb/US gal) at 15 °C (59 °F), about 9.0-13.9% more than EN 228 gasoline (petrol)'s 0.720–0.775 kg/L (6.01–6.47 lb/US gal) at 15 °C, which should be put into consideration when ...
In North America, gas stations offer two types of diesel fuel – according to ASTM D975 [5] these are named No. 1 and No. 2 fuel. No. 1 fuel (similar to kerosene) has a natural CFPP of -40 °C but it is more expensive than No. 2 fuel. Adding No. 1 fuel will lower the CFPP of No. 2 fuel – adding 10% will lower the CFPP temperature by about 5 ...
The US energy market is complex and there’s no single cause for higher diesel prices. Part of the explanation is a 4% reduction in diesel refining capacity that began in 2020, when oil prices ...
Grade 2 diesel fuel is available with 2 different sulfur levels depending on the population density of the location where it is retailed. Grade 3 diesel fuel, also known as GASOIL ULTRA, is the highest quality diesel fuel and is supposed to be available starting February 1, 2006. Sale of Grade 3 diesel at retail outlets is optional until 2008.
Federal tax revenue on gasoline and diesel. Federal fuel taxes raised $36.4 billion in Fiscal Year 2016, with $26.1 billion raised from gasoline taxes and $10.3 billion raised from diesel and special motor fuel taxes. [16] The tax was last raised in 1993 and is not indexed to inflation.
This fuel is commonly known as diesel no. 1, kerosene, and jet fuel. Former names include: coal oil, stove oil, and range oil. [7] Number 2 fuel oil is a distillate home heating oil. [8] Trucks and some cars use similar diesel no. 2 with a cetane number limit describing the ignition quality of the fuel. Both are typically obtained from the ...
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