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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.
In the first week of May 2020, gas prices fell below $1.80, nearly the lowest in history when adjusted for inflation. By the second week of June 2022, they peaked above $5 -- a record high.
The U.S. Energy Information Administration (EIA) predicts that retail gasoline prices will average $3.60 in the fourth quarter of 2022 — a $0.15 decline from today — before rising ever so ...
Aviation Fuel Tax (excludes federal tax of 19.4¢/gal) Jet Fuel Tax (excludes federal tax of 24.4¢/gal) Notes Alabama: 9.5: 3.5 Alaska: 4.7: 3.2 Arizona: 5.0: 0: Jet Fuel is not subject to Motor Fuel Taxes Arkansas: 21.8: 22.8: Aviation Fuel and Jet Fuel are subject to 6.5% State Sales and Use Tax plus local sales and use tax based on the ...
Since January 2023, petrol is taxed at a rate of €0.53799/litre and diesel at a rate of €0.42875/litre, [17] with a VAT of 16% added to the total price. As of 2022, a "maximum fuel price" has been established by the government, capped at €1.534/litre for EURO 95 petrol and at €1.498/litre for diesel since 7 January 2025. [18]
The average price for a gallon of gas in California was $6.41 on Tuesday, according to AAA, roughly $0.03 short of the record set in June. In Los Angeles County, the average price for a gallon of ...
S&P Global Commodity Insights is a provider of energy and commodities information and a source of benchmark price assessments in the physical commodity markets. The business was started with the foundation in 1909 of the magazine National Petroleum News by Warren C. Platt. [4]
According to the U.S. Energy Information Administration, gas was $4.62 per gallon on Memorial Day 2022. As of May 25, the average price is $3.57 — or more than $1 cheaper per gallon.