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The national average for regular driving fuel now sits at $3.20 per gallon, according to AAA data. The last time gas prices were this low in 2023 was on Jan. 1, at $3.21.
The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon. The highest recorded average price of regular gas was in June 2022 at $5.06 per gallon. Drivers ...
This means that filling a 500-gallon propane tank, which is what households that use propane as their main source of energy usually require, cost $948 (80% of 500 gallons or 400 gallons), a 7.5% increase on the 2012–2013 winter season average US price. [59] However, propane costs per gallon change significantly from one state to another: the ...
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.
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[56] [57] Autogas use by car drivers can help the United States to reduce dependence on foreign oil as 90% of all U.S. Autogas is produced in the U.S. [58] [59] In 2005, a provision was enacted that placed a 50-cent per gallon tax credit on propane autogas as part of H.R. 4853, making it $1 per gallon cheaper than petrol on average. The ...