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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 ...
The average price of gas increased by 27 cents in the first two weeks of April ... New Hampshire: $3.30. New Jersey: $3.33. ... Average gas prices by month from 2013 to 2023. January: $2.77 ...
The IRS expands the deduction for fuel costs in 2023. Vance Cariaga. ... The average national price hit a new record high of $5.016 a gallon on June 14, 2022, according to AAA. That’s up from $4 ...
According to AAA, the national average for the price of gas as of March 13 is at $3.396. Some of the states with the highest prices include California, at $4,877; Hawaii, at $$4.71; Washington, at ...
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.
Prices inflation adjusted to 2008 dollars. In 2002, a committee of the National Academy of Sciences wrote a report on the effects of the CAFE standard. [2] The report's conclusions include a finding that in the absence of CAFE, and with no other fuel economy regulation substituted, motor vehicle fuel consumption would have been approximately 14 percent higher than it actually was in 2002.
Average gas prices in Hampton Roads Monday were just shy of $4 a gallon — an increase of more than 50 cents from last week, according to an analysis from AAA Tidewater. Hampton Roads’ average ...
It is owned by the City of Manchester, and is in the southern part of the city on the border with Londonderry, New Hampshire. Opened in 1927, Manchester–Boston Regional Airport is by far the busiest airport in New Hampshire, with ten times the traffic of the next-busiest, Portsmouth. It is the only airport in the state with substantial ...