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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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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 ...
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As of last Monday, the cost of diesel was $1.94 higher than it was a year ago "which is significant," said Spencer. "For our guys, the majority of truckers will burn between 18,000-20,000 gallons ...
The price of gas on June 17 was $3.67.5 a gallon, 25.1 cents lower than a month earlier but 96.8 cents above a year earlier. [61] On June 24, the price of gas was $3.62.8 and expected to go much lower due to the opening of the Strategic Petroleum Reserve. U.S. oil prices fell below $90 before rising again, and Brent crude fell 2%. [62]
The cost of diesel fuel has hit an all-time high. The cost of diesel fuel has hit an all-time high. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 ...
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.