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Regional gas prices rose for the second consecutive week and reached an average of $3.41 per gallon of regular fuel on Monday, up from last week's price of $3.31 per gallon, according to the U.S ...
In 2025, the state will increase its motor fuel tax on diesel, biodiesel, and gasoline from 28.5 cents per gallon to 31.5 cents per gallon. Ethanol will rise to 22.59 cents per gallon (up from 20. ...
Motorists are paying an average of $51 for a full 15-gallon tank of gasoline, according to AAA. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290 ...
The United States became the world's largest producer of ethanol fuel in 2005. The U.S. produced 15.8 billion U.S. liquid gallons of ethanol fuel in 2019, and 13.9 billion U.S. liquid gallons (52.6 billion liters) in 2011, [1] [2] an increase from 13.2 billion U.S. liquid gallons (49.2 billion liters) in 2010, and up from 1.63 billion gallons ...
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 ...
The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [1] [2] Proceeds from the tax partly support the Highway Trust Fund. The federal tax was last raised on October 1, 1993, and is not indexed to inflation, which increased 111% from Oct. 1993 until Dec. 2023.
Whether the prices will go up or down will likely depend on gasoline demand and the cost of oil. Michigan gas prices drop as demand weakens, now averaging $3.35 a gallon Skip to main content
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]