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The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
July 26 – A former top United States official states that the U.S. Department of Defense covertly admitted to conducting a mass misinformation campaign targeting the Philippines using social media bots and fake accounts to disparage the safety of Chinese COVID-19 vaccines during the height of the COVID-19 pandemic, following public denial of ...
This is a list of notable automotive fuel retailers ("petrol" or "gasoline", "diesel", etc.) and their controlling oil companies.The format of this page is based on current ownership and where they largely operate:
This is a list of major gas station chains in the Philippines. This includes the "Big Three", which refers to the top three companies in the oil industry: Petron, Shell, and Caltex. Historically, Seaoil was part of this grouping. [1]
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund.
Jeepney drivers also face rising cost of living and rising cost of diesel fuel due to government deregulation of oil prices. [24] A 2017 study [ 25 ] published in a Metro Manila newspaper compared the fuel use of a 16-passenger jeepney to a 54-passenger air-conditioned bus and found that the fuel consumption for both was the same, while no data ...
Reasons for banning the further sale of fossil fuel vehicles include: reducing health risks from pollution particulates, notably diesel PM10s [broken anchor], and other emissions, notably nitrogen oxides; [8] meeting national greenhouse gas, such as CO 2, targets under international agreements such as the Kyoto Protocol and the Paris Agreement; or energy independence.
Post-covid inflation spike in the US, gray column marks start of COVID in US [135] (2018-2024) Housing prices inflation from Q4 2020 to Q4 2021 in the United States 40% 20% 0% -20% -40% . In the United States, price increases for gasoline, food, and housing drove inflation in 2021. [136]