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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.
That gives the dollar-per-gallon figure extra visibility in any government's scorecard. ... National average diesel prices slid to $3.56 a gallon by Sept. 9, down 32 cents from the start of the ...
While prices have come down since the peak in June, prices were beginning to tick up again. Gas prices hit $3.79 a gallon the week of September 29, 2022, up from $3.73 on September 23, 2022 — an increase of $0.06 per gallon over the last week. [14] Since October 10, 2022, the price of gasoline has gone down again.
Diesel is averaging $3.58 in the state, $3.66 in the nation. In North Carolina, it’s up from $3.49 a month ago and down from $3.94 last year. Only 11 states have lower unleaded prices than North ...
The average U.S. gas price on Jan. 15, 2025, was $3.09 per gallon — up 0.7% from $3.07 a year ago. The highest average gas price per gallon in 2024 was in April ($3.61) and the lowest was in ...
Federal excise taxes have been stable at 18.4¢ per gallon for gasoline and 24.4¢ per gallon for diesel fuel since 1993. This raised $37.4 billion in fiscal year 2015. These fuel taxes raised 90% of the Highway Trust Fund. The average of state taxes on fuel was 31.02¢ per gallon for gasoline and 32.66¢ per gallon for diesel fuel in 2021 ...
The average gas price in Fort Worth has fallen 19 cents in the last week, hovering around $2.91 a gallon. Gas prices in Tarrant County are 47.5 cents per gallon lower than a month ago and 38.6 ...
A gasoline price website is a type of price comparison website that provides current fuel price information for different filling stations. Supported fuel types generally include gasoline , but may also include diesel , liquefied petroleum gas , biofuels and recharge electricity .
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