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The national average for gas prices is $3.54 per gallon as of March 2024, but the final price you pay might be drastically higher — or lower — depending on the state that you live in.For ...
The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon. The highest recorded average price of regular gas was in June 2022 at $5.06 per gallon.
Average monthly gas prices are down $1.91 per gallon from their peak in June 2022, according to the newest LendingTree analysis. But average daily gas prices are up by 0.7% year over year as of ...
91 octane is commonly sold as "premium" in the western, mountainous part of the state. North Dakota: 87 [10] 89 92 Ohio: 87 89 93 Oklahoma: 87 89 91 Oregon: 87 89 92 Pennsylvania: 87 89 93 Rhode Island: 87 89 93 South Carolina: 87 89 93 lower octane gas can be sold if labeled as "sub-standard" or "sub-regular" [11] South Dakota: 85/87 87/89 91
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.
This has only been accomplished five times in state history. [8] [9] The oil and gas industry contributed $1.5 billion to the gross state product in 2008, and $3.1 billion in sales. [10] Ohio was one of the original modern-energy states in the world starting in the 19th century and has a storied history.
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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