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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 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]
[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.
The fuel consumption is an equivalent measure for cars sold outside the United States, typically measured in litres per 100 km traveled; in general, the fuel consumption and miles per gallon would be reciprocals with appropriate conversion factors, but because different countries use different driving cycles to measure fuel consumption, fuel ...
For example, the fuel economy target for the 2012 Honda Fit with a footprint of 40 sq ft (3.7 m 2) is 36 miles per US gallon (6.5 L/100 km), equivalent to a published fuel economy of 27 miles per US gallon (8.7 L/100 km) (see #Calculations of MPG overestimated for information regarding the difference), and a Ford F-150 with its footprint of 65 ...
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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).
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