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Here's a look at how weekly regional gas prices in the Midwest region compare with the national average.
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.
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]
On average, as of April 2019, state and local taxes and fees add 34.24 cents to gasoline and 35.89 cents to diesel, for a total US volume-weighted average fuel tax of 52.64 cents per gallon for gas and 60.29 cents per gallon for diesel.
Natural gas prices 2000 ... (weekly price) was US$14.49/MMBtu ($49.4/MWh) in January 2005. ... on average, natural gas prices have gone down by more than 30% in ...
The average price of regular unleaded gas in Florida as of Friday, Dec. 15, is $2.886, 16 cents cheaper than the same time the week before and well below the national average of $3.087.
Two gas stations in the county showed prices showed prices at $2.61, down from last week's low of $2.75. Statewide, the per-gallon average was $3, the lowest price of 2023, according to the ...
The Alternative Motor Fuels Act (AMFA) enacted in 1988 [15] provides Corporate Average Fuel Economy (CAFE) incentives for manufacturing alternative fuel vehicles (AFVs) that are powered by ethanol, methanol, or natural gas fuels, either exclusively or in conjunction with gasoline or diesel fuel.