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The United States uses about 9 million barrels of gasoline per day, and about 3 million barrels of diesel, according to federal data. ... U.S. gasoline prices rose earlier this year, peaking in ...
Updated April 19, 2024 at 7:00 AM. At the time of writing, the national average price of regular gas is $3.62 per gallon, $0.02 higher than this time last year. Drivers who use premium gas are ...
September 12, 2024 at 6:04 AM. By Shariq Khan. NEW YORK (Reuters) - U.S. motorists should see gasoline prices fall below $3 a gallon for the first time in over three years as soon as next month ...
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]
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.
Ethanol fuel production by state. The United States became the world's largest producer of ethanol fuel in 2005. The U.S. produced 15.8 billion U.S. liquid gallons of ethanol fuel in 2019, and 13.9 billion U.S. liquid gallons (52.6 billion liters) in 2011, [1][2] an increase from 13.2 billion U.S. liquid gallons (49.2 billion liters) in 2010 ...
Nov 24 (Reuters) - The United States uses more gasoline than any other nation in the world, and lately Americans have grown concerned about the swift rise in costs at the pump.
In the aftermath of Hurricane Katrina in 2005, the price of E85 rose to nearly on par with the cost of 87 octane gasoline in many states in the United States, and was for a short time the only fuel available when gasoline was sold out, but within four weeks of Katrina, the price of E85 had fallen once more to a 20% to 35% lower cost than 87 ...