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Here's a look at the average price of gas around the state. ... Today's state average for regular gas is $3.314, down from $3.338 yesterday. A month ago, the price per gallon averaged $3.154. And ...
Average monthly gas prices are down $1.91 per gallon from their peak in June 2022, according to the newest LendingTree analysis. But average daily gas prices are up by 0.7% year over year as of ...
Indeed, the latest consumer price index (CPI) data, released March 12, showed that gas prices were up 3.8% in February. Check Out: 10 Expenses Most Likely To Drain Your Checking Account Each Month
The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [ 1 ] [ 2 ] Proceeds from the tax partly support the Highway Trust Fund . 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.
The energy sector of Ohio consists of thousands of companies and cities representing the oil, natural gas, coal, solar, wind energy, fuel cell, biofuel, geothermal, hydroelectric, and other related industries. Oil and natural gas accounts for $3.1 billion annually in sales while ethanol generates $750 million.
As of 2005, E85 is frequently sold for up to 36% lower price per quantity than gasoline. [10] Much of this discount can be attributed to various government subsidies, and, at least in the United States, the elimination of state taxes that typically apply to gasoline and can amount to 47 cents, or more, per gallon of fuel.
At the time of writing, the national average price of regular gas is $3.62 per gallon, $0.02 higher than this time last year. ... Average gas prices by month from 2013 to 2023. January: $2.77 ...
These are in contrast to a May 2012, Center for Agricultural and Rural Development study which showed a $0.29 to $1.09 reduction in per gallon gasoline price from ethanol use. [ 82 ] The U.S. consumed 138.2 × 10 ^ 9 US gal (523 × 10 ^ 6 m 3 ) of gasoline in 2008, blended with about 9.6 × 10 ^ 9 US gal (36 × 10 ^ 6 m 3 ) of ethanol ...