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According to the Energy Information Administration (EIA), as of March 2022, factors that affect the price of gasoline in the United States include the price of crude oil per barrel, costs and profits related to refining, distribution, and marketing, and taxes, along with the charge set by refiners for gasoline based on based on octane levels, with higher octane levels—premium grade cost ...
The cost analysis was based on a typical mileage of 7,400 miles per year. Fuel costs were calculated using the current average prices of 182.3p per litre for petrol and 188.1p per litre for diesel.
In the example provided by the US DoE in its final rule, an electric car with an energy consumption of 265 Watt hour per mile in urban driving, and 220 Watt hour per mile in highway driving, results in a petroleum-equivalent fuel economy of 335.24 miles per gallon, based on a driving schedule factor of 55 percent urban, and 45 percent highway ...
distance per vehicle per unit fuel volume; e.g., km/L or miles per gallon (US or imperial). distance per vehicle per unit fuel mass; e.g., km/kg. [11] distance per vehicle per unit energy; e.g., miles per gallon equivalent (mpg-e). Energy consumption (reciprocal efficiency) [3] is expressed terms of fuel consumption: [2]
Here’s a look at the best economy cars in terms of cost per mile. ©Chevrolet. 1. Chevrolet Spark. Average miles driven per year: 17,593. Average price for a new model: $14,805.
In June 2005, Transport Secretary Alistair Darling announced a proposal for a national scheme [74] [75] in which every vehicle would be fitted with a satellite receiver that would calculate charges, with prices (including fuel duty) ranging from 2p per mile on uncongested roads to £1.34 on the most congested roads at peak times. [76]
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The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [ 1 ] [ 2 ] Proceeds from the tax partly support the Highway Trust Fund . The federal tax was last raised on October 1, 1993, and is not indexed to inflation , which increased 111% from Oct. 1993 until Dec. 2023.