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The state's average gas price dropped 5.5% last week. Currently, gas prices are 79 cents away from the annual high of $4.87 in Colorado.
(The Center Square) – Gas prices are up in Colorado one month since the inauguration of President Donald Trump. According to AAA’s Colorado average on Thursday, the current average for regular ...
Although a far cry from the highest recorded average prices seen in June 2022, gas is still expensive and remains a major financial strain on American drivers. ... Colorado. Regular gas: $3.706 ...
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 cents per gallon for diesel. [3]
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.
Colorado Interstate Gas (CIG) is a major producer of natural gas, connected to major supply basins in the Rocky Mountains and production areas in the Texas Panhandle, western Oklahoma, western Kansas, and Wyoming. Originally an independent company, CIG is now a subsidiary of El Paso Corp.
Gas prices within the last 10 years highlight how volatile the market can be. When looking at historical data, gas prices were the same in 2011 as they were in 2023 — $3.52 per gallon.
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