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The list of reasons why Costco is one of the best places to shop just keeps getting longer. But the one thing that tops the list for the majority of their customers is the low Costco gas price.
Gas at Costco is among the cheapest options at $5.09 per gallon, according to GasBuddy. That would be a savings of 30 cents per gallon at Costco compared to 7-11, or $4.20 per 14-gallon tank.
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 ...
While prices have come down since the peak in June, prices were beginning to tick up again. Gas prices hit $3.79 a gallon the week of September 29, 2022, up from $3.73 on September 23, 2022 — an increase of $0.06 per gallon over the last week. [14] Since October 10, 2022, the price of gasoline has gone down again.
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 State of Oregon banned self-service in 1951, but legalised it from 2018 in counties with 40,000 residents or fewer. [6] In 2020, as a response to the COVID-19 pandemic Oregon temporarily allowed self-service statewide. [7] In August 2023, Oregon allowed fuel stations to provide a self-serve option to customers, up to half their pumps.