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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, shortly before they go to vote in November's presidential election ...
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Gasoline and Diesel nominal price development 1993 to 2014 in Switzerland (CHF/L). Most European countries have higher fuel taxes than the US, but Russia and some neighboring countries have a much smaller tax, with fuel prices similar to the US. [1] Competitive petrol pricing in the UK is led by supermarkets with their own forecourts.
The first US state to tax fuel was Oregon, introduced on February 25, 1919. [4] It was a 1¢/gal tax. [5] In the following decade, all of the US states (48 at the time), along with the District of Columbia, introduced a gasoline tax. By 1939, many states levied an average fuel tax of 3.8¢/gal (1¢/L).
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In our LTL segment, revenue was down 3% year over year, reflecting a 23% decline in fuel surcharge revenue tied to the price of diesel. Excluding fuel, we increased segment revenue by 2%.
Food prices soared 3.1%, making up 80% of the increase in goods prices. Wholesale egg prices vaulted 54.6%, the most since June, after declining 20.6% in October. Prices for fresh and dry ...
A fun note, in 2010 the Ohio State University student-built Buckeye Bullet 2, a fuel cell vehicle built in collaboration with Monaco-based Venturi Automobiles and equipped with a Ballard fuel cell, set a FIA world speed record for electric vehicles in reaching 307.7 mph (495.2 km/h), eclipsing the previous record of 245.5 mph (395.1 km/h). The ...