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The national average price of gas is $3.53 as of March 21. Iowans are currently paying about 20 cents less, but more than they were earlier this year. Yes, gas prices in Iowa are going up.
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.
The current national gas price average is $3.62 per gallon. 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 ...
(The Center Square) – The national average price of gasoline in the U.S. has fallen below $3 per gallon, just in time for those traveling for Christmas. Motorists across the country will most ...
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
Walmart+ members usually save 10 cents per gallon at 13,000+ gas stops nationwide, ... the average gas price is $3.45 a gallon. This past weekend, I drove three hours from home to visit family ...
The national gas average on Friday sat at $3.53 per gallon, nearly $0.10 higher than a year ago, ... , the international benchmark price, traded near the $85 level. Brent and WTI have gained about ...
Gas prices slide near 2023 lows as Thanksgiving drivers hit the road. ... The national average is around $3.27 per gallon, down $0.28 in the last month — and $0.34 lower from a year ago, ...
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