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The state's average gas price dropped 4.2% last week. Currently, gas prices are 76 cents away from the annual low of $2.73 in Texas.
Gas prices are finally starting to fall back down to earth in much of the country. According to AAA, the national average is down to $4.189 per gallon as of Aug. 2. Fuel costs started to climb ...
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.
The national average price for a gallon of gasoline is a little more than $4.95, according to AAA. ... GOBankingRates mapped out a chronology of average gas prices for more than 90 years dating ...
The price of gasoline in the U.S. is shaped by a variety of factors, including the cost of crude oil, distribution and marketing costs, profits and taxes. These are big picture issues that are well...
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Highest Gas Prices in the US. Gas prices have reached their all-time high in recent history. Last year the average peaked on June 14, 2022, at $5.02 per gallon. Luckily, although they still remain ...
American drivers had it rough back in 1981. The average price of gasoline spiked to $1.353 a gallon that year -- up from $1.221 in 1980 and more than double the price just three years earlier....