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  2. Gasoline and diesel usage and pricing - Wikipedia

    en.wikipedia.org/wiki/Gasoline_and_diesel_usage...

    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.

  3. Price of oil - Wikipedia

    en.wikipedia.org/wiki/Price_of_oil

    Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...

  4. Fuel oil - Wikipedia

    en.wikipedia.org/wiki/Fuel_oil

    Fuel oils include heavy fuel oil (bunker fuel), marine fuel oil (MFO), furnace oil (FO), gas oil (gasoil), heating oils (such as home heating oil), diesel fuel, and others. The term fuel oil generally includes any liquid fuel that is burned in a furnace or boiler to generate heat ( heating oils ), or used in an engine to generate power (as ...

  5. West Texas Intermediate - Wikipedia

    en.wikipedia.org/wiki/West_Texas_Intermediate

    West Texas Intermediate (WTI) is a grade or mix of crude oil; the term is also used to refer to the spot price, the futures price, or assessed price for that oil. In colloquial usage, WTI usually refers to the WTI Crude Oil futures contract traded on the New York Mercantile Exchange (NYMEX).

  6. Fuel taxes in the United States - Wikipedia

    en.wikipedia.org/.../Fuel_taxes_in_the_United_States

    The first US state to tax fuel was Oregon, introduced on February 25, 1919. [4] It was a 1¢/gal tax. [5] In the following decade, all of the US states (48 at the time), along with the District of Columbia, introduced a gasoline tax. By 1939, many states levied an average fuel tax of 3.8¢/gal (1¢/L).

  7. Fuel tax - Wikipedia

    en.wikipedia.org/wiki/Fuel_tax

    South Africa imposes a fuel tax, in Dec 2020, per (unleaded 93 octane, inland) liter, composed of the Fuel Levy – R3,37, Road Accident Fund levy – R1,93, associated costs – R3,12, and the Basic Fuel Price – R5,81 for a total of R14.23.

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