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In February 2010, the Iranian government implemented an energy price reform by which the energy subsidies were to be removed in five years; the most important price hike was in gasoline, as the price went up from 1000 rials ($0.10 US) to 4000 rials ($0.40 US) per litre, with a ration of 100 litres per month for private passenger cars (later ...
Kerosene for use in aviation : Generally, kerosene is taxed at $0.244 per gallon unless a reduced rate applies. [ citation needed ] For kerosene removed directly from an on-airport terminal (ramp) directly into the fuel tank of an aircraft for use in non-commercial aviation, the tax rate is $0.219.
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
#2 Heating oil price, 1986–2022 Kerosene inventory stock levels (United States), 1993–2022. Heating oil is known in the United States as No. 2 heating oil. In the U.S., it must conform to ASTM standard D396. Diesel and kerosene, while often confused as being similar or identical, must each conform to their respective ASTM standards. [3]
After an increase of around 12% compared to the previous year, a good 1 billion litres = 1 million cubic metres of kerosene were refueled in Austria in 2018 [24] – mostly for international flights. This corresponds to a consumption of around 120 litres of kerosene per person per year.
Kerosene is commonly used in metal extraction as the diluent, for example in copper extraction by LIX-84 it can be used in mixer settlers. [56] Kerosene is used as a diluent in the PUREX extraction process, but it is increasingly being supplanted by dodecane and other artificial hydrocarbons such as TPH (Hydrogenated Propylene Trimer ...
By 2019, fossil jet fuel production cost was $0.3-0.6 per L given a $50–100 crude oil barrel, while aviation biofuel production cost was $0.7-1.6, needing a $110–260 crude oil barrel to break-even. [19] As of 2020 aviation biofuel was more expensive than fossil jet kerosene, [1] considering aviation taxation and subsidies at that time. [72]
The energy content of ethanol is 76,100 BTU/US gal (5.89 kilowatt-hours per litre), compared to 114,100 BTU/US gal (8.83 kWh/L) for gasoline. (see chart above) A flex-fuel vehicle will experience about 76% of the fuel mileage MPG when using E85 (85% ethanol) products as compared to 100% gasoline.