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The Government of Canada collects about $5 billion per year in excise taxes on gasoline, diesel, and aviation fuel [21] as well as approximately $1.6 billion per year from GST revenues on gasoline and diesel (net of input tax credits). The Canada Revenue Agency, a part of the government, collects these taxes.
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]
Due to the higher density, diesel fuel offers a higher volumetric energy density: the density of EN 590 diesel fuel is defined as 0.820 to 0.845 kg/L (6.84 to 7.05 lb/US gal) at 15 °C (59 °F), about 9.0-13.9% more than EN 228 gasoline (petrol)'s 0.720–0.775 kg/L (6.01–6.47 lb/US gal) at 15 °C, which should be put into consideration when ...
The average fuel economy for all vehicles on the road is higher in Europe than the United States because the higher cost of fuel changes consumer behaviour. In the UK, a gallon of gas without tax would cost US$1.97, but with taxes cost US$6.06 in 2005. The average cost in the United States was US$2.61. [21]
The $690 in direct costs from a tariff on Canada would amount to a 0.42% increase in consumer prices overall — just a small fraction of the cumulative 21% price inflation households experienced ...
The Alternative Motor Fuels Act (AMFA) enacted in 1988 [15] provides Corporate Average Fuel Economy (CAFE) incentives for manufacturing alternative fuel vehicles (AFVs) that are powered by ethanol, methanol, or natural gas fuels, either exclusively or in conjunction with gasoline or diesel fuel.
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 gasoline and 29.81 cents to diesel for a total US average fuel tax of 48.18 cents per US gallon (12.73 ¢/L) for gas and 54.21 ...
They determined that the cost of a ton of oil fuel used in steam engines was $5.04 and yielded 20.37 train miles system wide on average. Diesel fuel cost $11.61 but produced 133.13 train miles per ton. In effect, diesels ran six times as far as steamers utilizing fuel that cost only twice as much.