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The usage and pricing of gasoline (or petrol) results from factors such as crude oil prices, processing and distribution costs, local demand, the strength of local currencies, local taxation or subsidy, and the availability of local sources of gasoline (supply). Since fuels are traded worldwide, the trade prices are similar.
As of August 2017, LPG is approximately 2 times cheaper per litre than petrol. It is widely available at petrol stations in the cities and along major routes, as well as some dedicated stations. Gas cylinders are painted red so that they cannot be confused with other cylinders.
It burns more cleanly than petrol or fuel-oil and is especially free of the particulates present in the latter. LPG has a lower energy density per liter than either petrol or fuel-oil, so the equivalent fuel consumption is higher. Many governments impose less tax on LPG than on petrol or fuel-oil, which helps offset the greater consumption of ...
Time changes everything; even the costs of products. Thanks to inflation (which, when considering the big picture of the economy, is actually a good thing), housing, dining out, jewelry and so many...
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As of 2015, petrol excise tax is EUR0.766 per litre and diesel excise tax is EUR0.482 per litre, while LPG excise tax is EUR0.185 per litre. [19] The 2007 fuel tax was €0.684 per litre (€2.59/US gal; €3.11/imp gal). On top of that is 21% VAT over the entire fuel price, making the Dutch taxes one of the highest in the world.
Gasoline is the most widely used liquid fuel. Gasoline, as it is known in United States and Canada, or petrol virtually everywhere else, is made of hydrocarbon molecules (compounds that contain hydrogen and carbon only) forming aliphatic compounds, or chains of carbons with hydrogen atoms attached.
Yet, NGV was very slow to take off due to cheaper LPG fuel, a pre-existing LPG fleet, and the low conversion cost of local LPG conversion shops compared to factory-installed CNG or conversion. A significant effort was made when the state-controlled oil company PTT PCL built a network of natural gas refueling stations. The cost of subsidy was ...