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The gasoline national average had been in a downward trend from its September 2023 peak of $3.88 per gallon. About a month ago, the average pump price hovered near a one-year low of $3.07.
Drivers across the U.S. are feeling the pinch amid higher gas prices, and truckers are feeling some of the worst pain at the pump.
The current national gas price average is $3.62 per gallon. ... Data below from the U.S. Energy Administration show fuel costs from 2011 to 2023. Average price per gallon ... During the first week ...
The average price of regular gasoline rose from $1.773 during the week of April 27, 2020, to $5 as of June 11, 2022, an all-time high. [37] California led the nation in gas prices with an average gallon of regular gas in the state reaching $6.43 as of June 11, 2022. [38]
Using EPA 2018 Fuel Economy Guides assumptions for national average pricing of $2.56/gal regular gasoline and $0.13/kWh [42] we can calculate a vehicle that is rated at 84 MPGe or 40 kW/100 Mi efficiency and has a 16.5 kW EV battery of which 13.5 kWh is usable for electric driving with an advertised range of 33 miles per charge.
Commercial crude oil stock pile. The Strategic Petroleum Reserve (SPR) is an emergency stockpile of petroleum maintained by the United States Department of Energy (DOE). It is the largest publicly known emergency supply in the world; its underground tanks in Louisiana and Texas have capacity for 714 million barrels (113,500,000 m 3). [1]
One result of those slack prices is that U.S. average pump prices for gasoline fell to $3.03 a gallon this week, the lowest since May, 2021 and well down from their record peak of $5.02 from June ...
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