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The first federal gasoline tax in the United States was created on June 6, 1932, with the enactment of the Revenue Act of 1932, which taxed 1¢/gal (0.3¢/L). Since 1993, the US federal gasoline tax has been unchanged (and not adjusted for inflation of nearly 113 percent through 2023) at 18.4¢/gal (4.86¢/L).
This includes the resources it takes for exploration, to remove it from the ground, and transport it. Between 2004 and 2008, there was an increase in fuel costs due in large part to a worldwide increase in demand for crude oil. Prices leapt from $35 to $140 per barrel ($220 to $880/m 3), causing a corresponding increase in gas prices. [15]
Illinois drivers face a gas tax of $0.392 per gallon, and that's going to increase soon to $0.470 per gallon. This might not be the highest on our list, but a significant amount still adds up ...
Regular gas costs only $2.58 per gallon in this state. ... Percent increase in gas price over one year: 3.7%. Price for a regular gallon of gas, January 2025: $3.24.
As of Jan. 1, the Petroleum Products Gross Receipts Tax will go from 31.8 cents to 34.4 cents for gasoline and from 35.8 cents to 38.4 cents for diesel fuel — putting the total tax rates for ...
As of 2017, the excise tax on gasoline was €0.651 per liter (regional prices varied from €0.407 to €0.6682). With a VAT rate of 20%, the percent of the total price of gasoline that came from taxes was 63.9% [12] The excise tax on diesel fuel was €0.531 per liter (€0.5307 to €0.5631). With the 20% VAT, 59.3% of the total cost of ...
During the first week of April 2024, California saw the biggest increase in the cost of gas compared to any other state. Gas prices rose $0.23 in California and $0.19 in Arizona.
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