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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.
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.
The highest recorded average price of regular gas was in June 2022 at $5.06 per gallon. Drivers in California currently pay the most for gas at an average of $5.39 per gallon. Hawaii follows close ...
Gasoline + Oxygen –> Derived from Gasoline: 13.3 [citation needed] Dinitroacetylene explosive - computed [citation needed] 9.8: Octanitrocubane explosive: 8.5 [6] 16.9 [7] Tetranitrotetrahedrane explosive - computed [citation needed] 8.3: Heptanitrocubane explosive - computed [citation needed] 8.2: Sodium (reacted with chlorine) [citation ...
The national average price for a gallon of gasoline is a little more than $4.72, according to AAA as of July 8. ... to account for inflation to reveal each year's price per gallon in 2022 money ...
By 1991, BP had rebranded all Sohio and Boron retail stations as 'BP', [7] [8] [9] except for some marine fuel outlets. [citation needed] In 2011, a BP station in Steubenville, Ohio, that had originally opened as a Sohio station in 1946 ended fuel sales and was restored to 1970s vintage Sohio colors as a museum for Sohio. The site has vintage ...
California is among the states with the highest gas prices on average, according to the American Automobile Association, with a gallon of regular gasoline going for $5.42 as of April 23. The ...
Ammonium perchlorate composite propellant (APCP) is a solid rocket propellant.It differs from many traditional solid rocket propellants such as black powder or zinc-sulfur, not only in chemical composition and overall performance but also by being cast into shape, as opposed to powder pressing as with black powder.