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No. 1 fuel oil No. 1 distillate No. 1 diesel fuel Kerosene: Jet fuel: Distillate 9-16 No. 2 fuel oil No. 2 distillate No. 2 diesel fuel: Road diesel Rail diesel Marine gas oil Distillate 10-20 No. 3 fuel oil No. 3 distillate No. 3 diesel fuel Marine diesel oil Distillate No. 4 fuel oil No. 4 distillate No. 4 residual fuel oil Bunker A
Retail markup over crude oil and wholesale gasoline, 2014–2019 Oil, gas, and diesel prices RBOB Gasoline Prices. In 2008, a report by Cambridge Energy Research Associates stated that 2007 had been the year of peak gasoline usage in the United States, and that record energy prices would cause an "enduring shift" in energy consumption practices. [6]
One of the most important factors affecting the crack spread is the relative proportion of various petroleum products produced by a refinery. Refineries produce many products from crude oil, including gasoline, kerosene, diesel, heating oil, aviation fuel, bitumen and others. To some degree, the proportion of each product produced can be varied ...
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Kerosene for use in aviation : Generally, kerosene is taxed at $0.244 per gallon unless a reduced rate applies. [citation needed] For kerosene removed directly from an on-airport terminal (ramp) directly into the fuel tank of an aircraft for use in non-commercial aviation, the tax rate is $0.219.
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 ...
American drivers had it rough back in 1981. The average price of gasoline spiked to $1.353 a gallon that year -- up from $1.221 in 1980 and more than double the price just three years earlier....
[102] [103] Oil prices are determined by global supply and demand, rather than any country's domestic production level. The global price of crude oil was relatively consistent in the nineteenth century and early twentieth century. [104] This changed in the 1970s, with a significant increase in the price of oil globally. [104]