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While prices have come down since the peak in June, prices were beginning to tick up again. Gas prices hit $3.79 a gallon the week of September 29, 2022, up from $3.73 on September 23, 2022 — an increase of $0.06 per gallon over the last week. [14] Since October 10, 2022, the price of gasoline has gone down again.
On average, as of April 2019, state and local taxes and fees add 34.24 cents to gasoline and 35.89 cents to diesel, for a total US volume-weighted average fuel tax of 52.64 cents per gallon for gas and 60.29 cents per gallon for diesel. [3]
Notes: (1) Based on 45% highway and 55% city driving. Electricity cost of US$0.13 /kWh, premium gasoline price of US$2.51 per gallon (used by the 2015 Volt, i3 REx, ELR, i8, Mercedes S500e, Karma and all Porsche models), and regular gasoline price of US$2.04 per gallon (as of 18 December 2015). Conversion 1 gallon of gasoline=33.7 kWh.
The bank expects the three-month bill rate to drop from 5.4% to 3.5% over the next 18 months. This decline could steepen if the economy slows by more than expected, the analysts added.
The price of gasoline hit a 2023 high in September amid a squeeze on oil supply. “ There are already signs that consumers have responded by cutting back on fuel consumption,” wrote Kaneva and ...
Trump said on the campaign trail that he thought $1.87 was the "perfect" price for a gallon of gas. The American Automobile Association's national gas price average was $3.026 on Monday, marking a ...
By 1929, all existing 48 states had enacted some sort of gas tax. [28] Today, fuel taxes in the United States vary by state. The United States federal excise tax on gasoline is 18.4 cents per US gallon (4.9 ¢/L) and 24.4 cents per US gallon (6.4 ¢/L) for diesel fuel. On average, as of July 2016, state and local taxes add 29.78 cents to ...
Stocks just had their best week of 2024.. All three major indexes pressed to record highs after Donald Trump won the 2024 presidential election.. For the week, the S&P 500 and the Dow Jones ...