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Gasoline in Kansas City cost about $3.70 Monday morning — up from $3.50 just a week ago. The bump has to do with seasonal gas changes and refinery outages driving up prices in the Midwest.
Gas prices within the last 10 years highlight how volatile the market can be. When looking at historical data, gas prices were the same in 2011 as they were in 2023 — $3.52 per gallon.
Kansas: 87 89 91 All BP Stations offer 93 octane gasoline Kentucky: 87 [5] 89 93 Louisiana: 87 89 93 Maine: 87 89 91 without ethanol 93 with ethanol Premium gas must be at least 93 octane if it contains 10% or more of ethanol Maryland: 87 89 93 Massachusetts: 87 89 93 Michigan: 87 89 93 85 and 86 octane may be sold if labeled as subregular [6 ...
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The first federal gasoline tax in the United States was created on June 6, 1932, with the enactment of the Revenue Act of 1932, which taxed 1¢/gal (0.3¢/L). Since 1993, the US federal gasoline tax has been unchanged (and not adjusted for inflation of nearly 113 percent through 2023) at 18.4¢/gal (4.86¢/L).
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]
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Gasoline marketers agree when they sign on to Top Tier program that all their grades of gasoline meet these standards. [10] However, premium grade gasoline may have yet higher levels of detergent additives. [11] Typically, Top Tier gasoline will contain two to three times the amount of detergent additives currently required by the EPA. [12]