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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.
A tank of diesel fuel on a truck. Diesel fuel, also called diesel oil, heavy oil (historically) or simply diesel, is any liquid fuel specifically designed for use in a diesel engine, a type of internal combustion engine in which fuel ignition takes place without a spark as a result of compression of the inlet air and then injection of fuel.
Lebanon’s government raised the price of fuel Wednesday by about 25%, the National News Agency reported, effectively removing all subsidies on fuel products and pricing them at market rate amid ...
This is a list of notable automotive fuel retailers ("petrol" or "gasoline", "diesel", etc.) and their controlling oil companies. The format of this page is based on current ownership and where they largely operate: Parent company Children (acquired companies and notable brands)
Data available until 2011 for fuel oil sales to the international marine shipping sector reports 207.5 million tonnes total fuel oil sales with HFO accounting for 177.9 million tonnes. [ 9 ] Marine vessels can use a variety of different fuels for the purpose of propulsion, which are divided into two broad categories: residual oils or distillates.
Daily oil consumption by region from 1980 to 2006. This is a list of countries by oil consumption. [1] [2] In 2022, the International Energy Agency (IEA) announced that the total worldwide oil consumption would rise by 2% [3] year over year compared to 2021 despite the COVID-19 pandemic. [citation needed]
Station Coordinates Capacity ()Fuel Year commissioned Operator Zouk: 607: Fuel oil: 1984–1987: Électricité du Liban: Zahrani: 435: Fuel oil: 1998–2001: Électricité du Liban
Biodiesel is similar to diesel but has differences akin to those between petrol and ethanol. For instance, biodiesel has a higher cetane rating (45-60 compared to 45-50 for crude-oil-derived diesel) and it acts as a cleaning agent to get rid of dirt and deposits. It has been argued that it only becomes economically feasible above oil prices of ...