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Gas prices within the last 10 years highlight how volatile the market can be. When looking at historical data, gas prices were the same in 2011 as they were in 2023 — $3.52 per gallon.
Today's falling gas prices, explained. There are a few factors contributing to today's falling gas prices. Gas prices are once again on the decline across the U.S., bringing some relief to drivers ...
The national average price for a gallon of gas fell to $4.01 on Monday and is expected to imminently fall below $4, according to estimates by GasBuddy. Gas prices have fallen for eight consecutive ...
North Carolina: 87 89 93 91 octane is commonly sold as "premium" in the western, mountainous part of the state. North Dakota: 87 [10] 89 92 Ohio: 87 89 93 Oklahoma: 87 89 91 Oregon: 87 89 92 Pennsylvania: 87 89 93 Rhode Island: 87 89 93 South Carolina: 87 89 93 lower octane gas can be sold if labeled as "sub-standard" or "sub-regular" [11 ...
While most fuel taxes were initially levied as a fixed number of cents per gallon, as of 2016, nineteen states and District of Columbia have fuel taxes with rates that vary alongside changes in the price of fuel, the inflation rate, vehicle fuel-economy, or other factors. [7] The table below includes state and local taxes and fees.
The 2016 Southeastern United States gasoline shortage was a phenomenon caused by the 2016 Colonial Pipeline Leak and the resulting panic buying in which many gas stations across six states had entirely run out of gasoline, causing price hikes, halts of services, and several declarations of states of emergency. [1]
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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.