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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 per gallon.
This includes the resources it takes for exploration, to remove it from the ground, and transport it. Between 2004 and 2008, there was an increase in fuel costs due in large part to a worldwide increase in demand for crude oil. Prices leapt from $35 to $140 per barrel ($220 to $880/m 3), causing a corresponding increase in gas prices. [15]
In the aftermath of Hurricane Katrina in 2005, the price of E85 rose to nearly on par with the cost of 87 octane gasoline in many states in the United States, and was for a short time the only fuel available when gasoline was sold out, but within four weeks of Katrina, the price of E85 had fallen once more to a 20% to 35% lower cost than 87 ...
Aviation gasoline (Avgas): The tax on aviation gasoline is $0.194 per gallon. [citation needed] When used in a fractional ownership program aircraft, gasoline also is subject to a surtax of $0.141 per gallon. [citation needed] Kerosene for use in aviation : Generally, kerosene is taxed at $0.244 per gallon unless a reduced rate applies.
Gas prices in the United States have slid from their all-time peak in fall 2022, but there are drivers in at least one state who still pull up to the pump and cringe. The current average gas price ...
Nothing cuts your gasoline costs like leaving your car in the driveway. Walk, bike and take mass transit when you can — a round trip on Metro costs less than a gallon of gas nowadays.