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$0.144 per litre on liquified petroleum gas used as fuel (autogas or LPG as it is commonly known in Australia). [6] $0.081 per litre on ethanol fuel for use as fuel in an internal combustion engine (which can be reduced/removed with grants) $0.041 per litre on biodiesel (which can be reduced/removed with grants)
WAPET later discovered in 1964 the first commercial natural gas field in Western Australia, at Dongara in the Perth Basin. [7] In 1998, the federal government discontinued fuel price regulation in 1998. However, the Victorian and Western Australian state governments passed their own price control legislations in 2000. [8]
A gasoline price website is a type of price comparison website that provides current fuel price information for different filling stations. Supported fuel types generally include gasoline , but may also include diesel , liquefied petroleum gas , biofuels and recharge electricity .
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.
Oil Price Information Service (OPIS) is a price reporting agency which provides information that is used for commercial contracts and trade settlement related to petroleum, gasoline, diesel, ethanol, biodiesel, LP-gas, jet fuel, crude, natural gas, petrochemicals, recycled plastics, refinery feedstocks, residual fuel, and kerosene.
On 24 August 2017, Orica chief executive Alberto Calderon described gas prices in Australia as ridiculous, saying that prices in Australia were more than double of what was being paid in China or Japan, adding that Australian producers could buy gas overseas (at much lower world prices) to free up domestic gas to sell at the same profit margin ...
The 2007 fuel tax was €0.684 per litre (€2.59/US gal; €3.11/imp gal). On top of that is 21% VAT over the entire fuel price, making the Dutch taxes one of the highest in the world. In total, taxes account for 68.84% of the total price of petrol and 56.55% of the total price of diesel. [20]
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 ...