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The price per gallon never topped 90 cents in the closing years of the ’80s — about $2.40 today. A decade later in 1996-97, prices peaked at $1.23, which is almost exactly the same in 2022 ...
The national average price for a gallon of gasoline is at $3.50, according to AAA as of Jan. 26, 2023. ... of average gas prices for more than 90 years dating back to 1929, giving all but the very ...
The national average price of gas per gallon was $1.19 in 1980. In July 2024, the price of gas across all fuel grades is $3.60. This might seem like a massive increase, but $1.19 in 1980 would be...
The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [16] [17] 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.
A gasoline price website is a type of price comparison website that provides current fuel price information for different filling stations. Supported fuel types generally include gasoline , but may also include diesel , liquefied petroleum gas , biofuels and recharge electricity .
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 .
As of Nov. 3, 2023, the current average gas price is $3.44 per gallon in the United States. Highest Gas Prices in the US. Gas prices have reached their all-time high in recent history. Last year ...
Tight refining supply has kept the gap wide between wholesale gasoline futures and retail prices, currently at about $1.25 a gallon, far exceeding the average of 88 cents over the past five years.