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The average fuel economy for all vehicles on the road is higher in Europe than the United States because the higher cost of fuel changes consumer behaviour. In the UK, a gallon of gas without tax would cost US$1.97, but with taxes cost US$6.06 in 2005. The average cost in the United States was US$2.61. [21]
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.
In 1928, following market reductions in the cost of a UK gallon of fuel to about 1s 2½d (equivalent to £4.6 in 2023), [2] the Government introduced a tax of 4d (£0.017) per UK gallon [4] bringing the cost of a UK gallon of petrol to 1s 6¾d [citation needed] (equivalent to £5.94 in 2023). [2]
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The national average price for a gallon of gasoline is at $3.50, according to AAA as of Jan. 26, 2023. ... Gas Prices: The Cost of Gas the Year You Were Born. Andrew Lisa. January 27, 2023 at 6:01 ...
[6] [7] Miles per gallon equivalent cost for alternate fuel can be calculated with a simple conversion to the conventional mpg (miles per gallon, miles/gal). See conversion to MPG by cost below. The MPGe metric was introduced in November 2010 by EPA in the Monroney sticker of the Nissan Leaf electric car and the Chevrolet Volt plug-in hybrid.
Gas prices are finally starting to fall back down to earth in much of the country. According to AAA, the national average is down to $4.189 per gallon as of Aug. 2. Fuel costs started to climb ...
On average, U.S. petroleum refineries produce about 19 to 20 gallons of gasoline, 11 to 13 gallons of distillate fuel diesel fuel and 3 to 4 gallons of jet fuel from each 42 gallon (152 liters) barrel of crude oil. The product ratio depends upon the processing in an oil refinery and the crude oil assay. [19]