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Americans, who had been feeling some relief at the gas pump, are being hit again by rising prices. Indeed, the latest consumer price index (CPI) data, released March 12, showed that gas prices ...
The current national gas price average is $3.62 per gallon. The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon .
The price of gasoline in the U.S. is shaped by a variety of factors, including the cost of crude oil, distribution and marketing costs, profits and taxes. These are big picture issues that are well...
The reform raised the price to $0.40 US per liter and later reduced the ration to 60 liters per month. The price for over-quota consumption and the imported cars were $0.70 US per liter. The energy price reform included a cash-rebate program through which each person received 455,000 rials ($15 US) per month from the government.
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 gasoline national average had been in a downward trend from its September 2023 peak of $3.88 per gallon. About a month ago, the average pump price hovered near a one-year low of $3.07 ...
GOBankingRates compiled state gasoline price averages from AAA. Find out if you're overpaying at the pump compared to the average gas price in your state.
The national average price for a gallon of gasoline is at $3.50, according to AAA as of Jan. 26, 2023. ... GOBankingRates mapped out a chronology of average gas prices for more than 90 years ...