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Drivers in the states closest to the Gulf Coast's oil production and refineries are looking at average pump prices just under $3 per gallon, according to AAA data. Those include: Alabama: $2.95
(The Center Square) – The national average price of gasoline in the U.S. has fallen below $3 per gallon, just in time for those traveling for Christmas. Motorists across the country will most ...
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.
The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [ 1 ] [ 2 ] 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.
Florida City Gas was founded in 1946 provides natural gas service to more than 104,000 residential and commercial customers in Miami-Dade, Brevard, St. Lucie, and Indian River counties. Florida City Gas became part of AGL Resources in 2004. Additional services include: Maintaining the gas pipeline infrastructure; Responding to and repairing leaks
The national gas average on Friday sat at $3.53 per gallon, nearly $0.10 higher than a year ago, according to AAA data. “Gas prices are a lot like seasonal temperatures.
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 .