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Here are today’s gas prices in all 50 states plus the District of Columbia — ranked from most to least expensive — for regular, midgrade, premium and diesel gas, according to AAA. 1. California
Southern and Midwest states have some of the lowest prices in the country right now, with gas in Louisiana and Mississippi at $2.72. Texas, Arkansas, and Missouri drivers are paying just $2.76.
Updated April 19, 2024 at 7:00 AM. At the time of writing, the national average price of regular gas is $3.62 per gallon, $0.02 higher than this time last year. Drivers who use premium gas are ...
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.
The commission set the price of gas below the market rate, resulting in price distortions. The low prices encouraged consumption and discouraged production. By the 1970s, there were shortages of price-regulated interstate gas, while unregulated gas within the gas-producing states (intrastate gas) was plentiful, but more expensive.
Gasoline prices are on a downward trend, with 11 states now averaging below $3 per gallon.The steady decline comes amid falling seasonal demand and use of less-expensive winter-grade gas.. Drivers ...
Gas prices in Wisconsin are now under $3 per gallon, on average, for the first time since last winter. According to data from AAA, the average gas price per gallon in the state has fallen from $3. ...
Today, the Southern East Coast states are still among the cheapest to buy gas in all of America. Several are threatening to break the $3 mark and become the first states with a price per gallon ...