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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.
The average price of a litre of diesel at UK forecourts was 179.7p on Monday. Skip to main content. News. 24/7 help. For premium support please call: 800-290-4726 more ways to reach ...
The UK average petrol price as of 11 January 2016 is £1.01 per litre. This is slightly above the European average but is 30p lower than the peak in 2014. With declining oil prices, it has been suggested petrol could fall to 86.9p per litre if oil prices fall to $10 a barrel. Average diesel prices are currently £1.03 per litre.
The RAC, which carried out the research, said there is ‘no good reason’ why British fuel retailers are not cutting pump prices.
Today, fuel taxes in the United States vary by state. The United States federal excise tax on gasoline is 18.4 cents per US gallon (4.9 ¢/L) and 24.4 cents per US gallon (6.4 ¢/L) for diesel fuel. On average, as of July 2016, state and local taxes add 29.78 cents to gasoline and 29.81 cents to diesel for a total US average fuel tax of 48.18 ...
Diesel prices have reached a record high of more than 180p per litre, new figures show. Data firm Experian Catalist said the average price per litre on Sunday was 180.3p per litre.
Diesel fuel is generally simpler to refine from petroleum than gasoline. Additional refining is required to remove sulfur, which contributes to a sometimes higher cost. In many parts of the United States and throughout the United Kingdom and Australia, [34] diesel fuel may be priced higher than petrol per gallon or liter.
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