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National average diesel prices slid to $3.56 a gallon by Sept. 9, down 32 cents from the start of the year and the lowest level since Oct. 2021, according to EIA data.
Gasoline and Diesel Fuel Update: Weekly price data for U.S. national and regional averages. Monthly Energy Review: Provides statistics on monthly and annual U.S. energy consumption going back in some cases to 1949. The figures are given in units of quads (quadrillion BTUs.) [11]
The average price of regular gasoline rose from $1.773 during the week of April 27, 2020, to $5 as of June 11, 2022, an all-time high. [37] California led the nation in gas prices with an average gallon of regular gas in the state reaching $6.43 as of June 11, 2022. [38]
On average, as of April 2019, state and local taxes and fees add 34.24 cents to gasoline and 35.89 cents to diesel, for a total US volume-weighted average fuel tax of 52.64 cents per gallon for gas and 60.29 cents per gallon for diesel. [3]
The Department of Energy (DOE) unexpectedly axed plans to refill its “oil piggy bank” in August and September due to surging oil prices. The DOE previously announced in March that it was ...
The Department of Energy unveiled plans to purchase oil at a price of $79 per barrel or less, but has since purchased oil at higher prices. As of April 2024, further purchases were cancelled due to rising oil prices. [10] [15] According to legislation already in place, the amount of oil in the reserve could fall to 238 million barrels by 2028. [16]
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The next October, the DOE announced that four projects, the 1.2-gigawatt Aroostook Project in Maine, 1.9-gigawatt Cimarron Link in Oklahoma, 3-gigawatt Southern Spirit between Texas and Mississippi, and 1-gigawatt Southline in New Mexico, were being awarded a total of $1.5 billion under the TFP; the DOE also released its first ever National ...