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$0.144 per litre on liquified petroleum gas used as fuel (autogas or LPG as it is commonly known in Australia). [6] $0.081 per litre on ethanol fuel for use as fuel in an internal combustion engine (which can be reduced/removed with grants) $0.041 per litre on biodiesel (which can be reduced/removed with grants)
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.
With the advent of the motor car, crude oil came into demand as a fuel. By 1911 petrol surpassed kerosene in sales as the fuel for most vehicles. [1] [2]: 48 Most petroleum consumed in Australia was imported but, between 1865 and 1952, various companies made a small proportion locally, from oil shale.
The 2007 fuel tax was €0.684 per litre (€2.59/US gal; €3.11/imp gal). On top of that is 21% VAT over the entire fuel price, making the Dutch taxes one of the highest in the world. In total, taxes account for 68.84% of the total price of petrol and 56.55% of the total price of diesel. [20]
The 2.4L Theta II Hybrid engine compression ratio is 13.0:1, it features multi-point fuel injection and the gasoline engine produce 171 PS (126 kW; 169 hp) at 6,000 rpm and 21.6 kg⋅m (156 lb⋅ft; 212 N⋅m) of torque at 4,500 rpm, the electric motor is rated 41 PS (30 kW; 40 hp) between 1,400 and 6,000 rpm with 20.9 kg⋅m (151 lb⋅ft; 205 ...
The members of the consortium which operates the North West Shelf Venture are Woodside Petroleum, BHP, BP, Chevron, Shell and Japan Australia LNG. [26] The price was guaranteed not to increase until 2031, and by 2015 China was paying "one-third the price for Australian gas that Australian consumers themselves had to pay." [25]
The two main types of biofuel currently being produced in Australia are biodiesel and bioethanol, used as replacements for diesel and petrol respectively. [1] As of 2017 Australia is a relatively small producer of biofuels, accounting for 0.2% of world bioethanol production and 0.1% of world biodiesel production. [2]
Australia Tax is a phrase applied to the generally higher prices in Australia of goods and services than equivalent costs in comparative overseas nations such as the United States. This is particularly the case for video games , [ 1 ] computer hardware, and software but may extend to non-technological items such as cars, designer clothing and ...