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Cost: $8.393. Paying over $8 per gallon for gas may seem horrible, but last summer, Norwegians faced costs of over $10 per gallon. Despite the recent price drop, in Norway gas still costs more ...
The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon. The highest recorded average price of regular gas was in June 2022 at $5.06 per gallon.
Using the prior example, if the gas cost $2.49 per gallon, your 15-gallon fill-up cost you $37.35. This equates to a rounded-down per mile cost of $.10 which can be calculated by doing this simple ...
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.
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.
One GGE of natural gas is 126.67 cubic feet (3.587 m 3) at standard conditions. This volume of natural gas has the same energy content as one US gallon of gasoline (based on lower heating values: 900 BTU/cu ft (9.3 kWh/m 3) of natural gas and 114,000 BTU/US gal (8.8 kWh/L) for gasoline). [22]
For a 10-gallon fill-up, the added cost is $1.90. For somebody driving 12,000 miles a year who averages 25 miles per gallon, the added cost would be about $91 per year.
Keep reading to learn the cost of gas the year you were born. Everett / Shutterstock.com. 1929. Price of a gallon of gas: $0.21. ... Price of a gallon of gas: $3.27. In 2022 dollars: $4.30.