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At the other end of the gas price spectrum, Mississippi has the cheapest gas in the U.S. today, at $2.984, followed by Oklahoma at $2.999 and Arkansas at $3.035. ... Here are today’s gas prices ...
Low-ethanol blends are typically from E5 to E25, although internationally the most common use of the term refers to the E10 blend. Blends of E10 or less are used in more than 20 countries around the world, led by the United States, where ethanol represented 10% of the U.S. gasoline fuel supply in 2011. [ 1 ]
Most cars on the road today in the U.S. can run on blends of up to 15% ethanol, [6] and ethanol represented 10% of the U.S. gasoline fuel supply derived from domestic sources in 2011. [2] Some flexible-fuel vehicles are able to use up to 100% ethanol.
During the 2008 financial crisis corn prices, fell 50% from their July 2008 high by October 2008, in tandem with other commodities, including oil, while corn ethanol production continued unabated. "Analysts, including some in the ethanol sector, say ethanol demand adds about 75 cents to $1.00 per bushel to the price of corn, as a rule of thumb.
On 1 January 2012, the Nigerian government headed by president Goodluck Ebele Jonathan, tried to cease the subsidy on petrol and deregulate the oil prices by announcing the new price for petrol as US$0.88/litre from the old subsidised price of US$0.406/litre (LAGOS), which in areas distant from Lagos petrol was priced at US$1.25/litre.
By 2019, E85 was easy to find at ordinary service stations nearly everywhere in France, and in (2020) it was also significantly (up to about 50%) cheaper than petrol. Currently (July 2021) it is unknown what the price difference is between E85 and gasoline with lesser added amounts of Ethanol.
Because neighbouring country Malaysia has cheaper pump prices than Singapore, cars registered in Singapore crossing over into Malaysia are legally required to have at least three-quarters of a tank of fuel since 1991 to prevent evading fuel duties, [65] and when filling up in Malaysia, Singaporean-and Thai-registered hybrid and petrol-powered ...
In the U.S., most consumer goods bear pre-tax prices, but gasoline prices are posted with taxes included. Taxes are added by federal, state, and local governments. As of 2009 [update] , the federal tax was $0.049 per liter ($0.184/U.S. gal) for gasoline and $0.064 per liter ($0.244/U.S. gal) for diesel (excluding red diesel ).