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On 1 January 2012, the Nigerian government headed by president Goodluck Ebele Jonathan, tried to cease the subsidy on petrol and deregulate the oil prices by announcing the new price for petrol as US$0.88/litre from the old subsidised price of US$0.406/litre (LAGOS), which in areas distant from Lagos petrol was priced at US$1.25/litre.
Tesco, Morrisons and Sainsbury’s sold a litre of petrol for an average of 2.1p less than Asda at the end of May, the RAC said. Asda is UK’s most expensive supermarket fuel retailer, analysis ...
While most fuel taxes were initially levied as a fixed number of cents per gallon, as of 2016, nineteen states and District of Columbia have fuel taxes with rates that vary alongside changes in the price of fuel, the inflation rate, vehicle fuel-economy, or other factors. [7] The table below includes state and local taxes and fees.
At a time of rapidly rising concerns about the effect of road transport on the environment, and in particular from the program of road building which had resulted in major road protests, at Twyford Down and other locations, the Conservatives under John Major introduced a 'Fuel Price Escalator' in March 1993 set initially at 3% ahead of inflation per year, increased to 5% later in the same year ...
Drivers have been hit by the average cost of a litre of petrol reaching a record of nearly £1.60. Figures from data firm Experian Catalist show UK forecourts sold the fuel at an average price of ...
Gov. Gavin Newsom, joined by legislators and community leaders, talks to the media after signing a bill intended to prevent gas price spikes at the state Capitol on Monday.
A Chevron spokesperson later said that the fire was one factor among others, including the price of crude oil, that influenced prices. [33] However, data collected by the California Energy Commission showed that increased production at other refineries more than made up for the Richmond loss, with 461,000 gallons of crude oil added to state ...