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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.
2 per unit of energy than does coal or oil, but more than natural gas. It emits 81% of the CO 2 per kWh produced by oil, 70% of that of coal, and less than 50% of that emitted by coal-generated electricity distributed via the grid. [37] Being a mix of propane and butane, LPG emits less carbon per joule than butane but more carbon per joule than ...
The wholesale price of propane in the summer of 2018 was between 86 cents to 96 cents per U.S. gallon, based on a truckload or railway car load. The price for home heating was exactly double that price; at 95 cents per gallon wholesale, a home-delivered price was $1.90 per gallon if ordered 500 gallons at a time.
As of Nov. 3, 2023, the current average gas price is $3.44 per gallon in the United States. Highest Gas Prices in the US. Gas prices have reached their all-time high in recent history. Last year ...
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September 12, 2024 at 3:04 AM. By Shariq Khan. NEW YORK (Reuters) - U.S. motorists should see gasoline prices fall below $3 a gallon for the first time in over three years as soon as next month ...