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In the United States and Canada, octane ratings are in AKI, commonly shown as "(R+M)/2". All states require gas pumps to be labeled with the correct octane level and nearly all states do regular testing to make sure gas stations are in compliance. A minimum 82 octane fuel is recommended for most vehicles produced since 1984.
This includes the resources it takes for exploration, to remove it from the ground, and transport it. Between 2004 and 2008, there was an increase in fuel costs due in large part to a worldwide increase in demand for crude oil. Prices leapt from $35 to $140 per barrel ($220 to $880/m 3), causing a corresponding increase in gas prices. [15]
Federal tax revenue on gasoline and diesel. Federal fuel taxes raised $36.4 billion in Fiscal Year 2016, with $26.1 billion raised from gasoline taxes and $10.3 billion raised from diesel and special motor fuel taxes. [16] The tax was last raised in 1993 and is not indexed to inflation.
The AA said the average price of a litre of the fuel reached 151.21p on Thursday.
The US energy market is complex and there’s no single cause for higher diesel prices. Part of the explanation is a 4% reduction in diesel refining capacity that began in 2020, when oil prices ...
In North America, gas stations offer two types of diesel fuel – according to ASTM D975 [5] these are named No. 1 and No. 2 fuel. No. 1 fuel (similar to kerosene) has a natural CFPP of -40 °C but it is more expensive than No. 2 fuel. Adding No. 1 fuel will lower the CFPP of No. 2 fuel – adding 10% will lower the CFPP temperature by about 5 ...
Diesel fuel has many colloquial names; most commonly, it is simply referred to as diesel.In the United Kingdom, diesel fuel for road use is commonly called diesel or sometimes white diesel if required to differentiate it from a reduced-tax agricultural-only product containing an identifying coloured dye known as red diesel.
This fuel is commonly known as diesel no. 1, kerosene, and jet fuel. Former names include: coal oil, stove oil, and range oil. [7] Number 2 fuel oil is a distillate home heating oil. [8] Trucks and some cars use similar diesel no. 2 with a cetane number limit describing the ignition quality of the fuel. Both are typically obtained from the ...