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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. On average, as of April 2019, state and local taxes and fees add 34.24 cents to gasoline and 35.89 cents to diesel, for a total US volume-weighted average fuel tax of 52.64 cents per gallon for gas and 60.29 ...
The average national price hit a new record high of $5.016 a gallon on June 14, 2022, according to AAA. That’s up from $4.452 a month ago and $3.080 as recently as last year.
The average price of gas increased by 27 cents in the first two weeks of April ... New Hampshire: $3.30. New Jersey: $3.33. ... Average gas prices by month from 2013 to 2023. January: $2.77 ...
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.
The "highway" program or Highway Fuel Economy Driving Schedule (HWFET) is defined in 40 CFR 600.I. [ 10 ] It uses a warmed-up engine and makes no stops, averaging 48 mph (77 km/h) with a top speed of 60 mph (97 km/h) over a 10-mile (16 km) distance.
The tax rate is 93 cents per $1,000 higher than fiscal year 2023. This results in the owner of a median value single-family home valued of $480,100 paying $7,744, which is $446 more than the ...
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Monroney label showing the EPA's fuel economy equivalent ratings for the 2011 Chevrolet Volt. The rating for all-electric mode (left) is expressed in miles per gallon gasoline equivalent (mpg). Miles per gallon gasoline equivalent (MPGe or MPG ge) is a measure of the average