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Gasoline and Diesel nominal price development 1993 to 2014 in Switzerland (CHF/L). Most European countries have higher fuel taxes than the US, but Russia and some neighboring countries have a much smaller tax, with fuel prices similar to the US. [1] Competitive petrol pricing in the UK is led by supermarkets with their own forecourts.
China has limited sulfur in diesel fuel to 150 ppm (equivalent to the Euro III standard). The limits of 10 ppm (equivalent to the Euro V standard), only apply in certain cities such as Beijing. [15] From 2014 to 2017, China will limit sulfur in diesel fuel to 50 ppm. After 2017, the sulfur content in diesel fuel will be limited to 10ppm. [16]
Due to the higher density, diesel fuel offers a higher volumetric energy density: the density of EN 590 diesel fuel is defined as 0.820 to 0.845 kg/L (6.84 to 7.05 lb/US gal) at 15 °C (59 °F), about 9.0-13.9% more than EN 228 gasoline (petrol)'s 0.720–0.775 kg/L (6.01–6.47 lb/US gal) at 15 °C, which should be put into consideration when ...
The US energy market is complex and there’s no single cause for higher diesel prices. Part of the explanation is a 4% reduction in diesel refining capacity that began in 2020, when oil prices ...
The EN 590 had been introduced along with the European emission standards.With each of its revisions the EN 590 had been adapted to lower the sulphur content of diesel fuel – since 2007 this is called ultra-low-sulphur diesel as the former function of sulphur as a lubricant is absent (and needs to be replaced by additives).
Sulfur content in gasoline was limited to an average of 120 parts-per-million (maximum 300 ppm) in 2004, and this was reduced to an average 30 ppm (maximum 80 ppm) for 2006. Ultra-low sulfur diesel began to be restricted to a maximum 15 ppm in 2006 and refiners are to be 100% compliant with that level by 2010.
Federal tax revenue on gasoline and diesel. Federal fuel taxes raised $36.4 billion in Fiscal Year 2016, with $26.1 billion raised from gasoline taxes and $10.3 billion raised from diesel and special motor fuel taxes. [16] The tax was last raised in 1993 and is not indexed to inflation.
On average, U.S. petroleum refineries produce about 19 to 20 gallons of gasoline, 11 to 13 gallons of distillate fuel diesel fuel and 3 to 4 gallons of jet fuel from each 42 gallon (152 liters) barrel of crude oil. The product ratio depends upon the processing in an oil refinery and the crude oil assay. [13]