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A diesel cycle engine can be as much as 40% to 50% efficient at converting fuel into work, [2] where a typical automotive gasoline engine's efficiency is about 25% to 30%. [ 3 ] [ 4 ] In general, an engine is designed to run on a single fuel source and substituting one fuel for another may affect the thermal efficiency.
For a 10-gallon fill-up, the added cost is $1.90. For somebody driving 12,000 miles a year who averages 25 miles per gallon, the added cost would be about $91 per year.
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. 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 ...
In early 2020 the gas price has dropped down to a national average of $1.73 a gallon. [11] In 2021, the average price increased to $3.01/gallon. [ 12 ] By the end of June 2022, the price of gasoline reached a record high of over $5/gallon with some places reporting $6/gallon. [ 13 ]
The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon. The highest recorded average price of regular gas was in June 2022 at $5.06 per gallon.
US gas prices fell to a fresh six-month low of $3.31 a gallon on Thursday, down 50 ... 13.1 million barrels per day under Trump. Trump also bragged about gas prices tumbling to $1.87 a gallon ...
In 2007, Badoo raised $30 million in funding. [11] In January 2008, the Russian investor Finam Capital paid $30 million for a 10% stake in Badoo for expansion in Russia. [12] As of 2009, Finam now has 20% ownership of Badoo. [8] Badoo was asked to adjust its approach after going viral on Facebook through popular social games and quizzes. [13]
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