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From trucking gas to gas stations to winning over new commercial customers, distribution and marketing can account for about 11% of the price of gas at the pump. 4. Federal and state taxes
As the treatment with additives (1:40000 [40]) is a cheaper way to enhance No.2 fuel in winter, most stations offer winterized diesel in cold weather conditions. In regions with colder weather, most gas stations offer No.1 fuel at the same pump allowing drivers to decide for themselves on a winter blend. [citation needed]
The summer blend may cost a bit more, but you usually get better gas mileage for those summer road trips. Gas prices in Tennessee: 2023 vs. 2024 Gas prices are a bit cheaper than they were a year ...
Gas prices by year. 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 ...
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.
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 .
While gas prices nationwide are collectively falling, some states always have cheaper averages than others, due to factors ranging from nearby refinery supply to local fuel requirements. As of Monday, per AAA data, Mississippi had the lowest average gas price at about $2.94 per gallon — followed by $2.95 Oklahoma and just under $2.97 in Arkansas.
On Tuesday, the national average price of a gallon of gas sat at $3.08 per gallon, down $0.12 from a month ago and $0.29 lower than a year ago, according to AAA data.