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A 10 to 12 cent rise in gas prices in California was attributed to the state's low carbon fuel standard, and a study by the California Air Resources Board said the fuel standards could lead to a ...
Illinois residents can expect to see lower gas prices come 2024, according to a new outlook report released Thursday by GasBuddy. Illinois drivers should see lower gas prices in 2024, experts say ...
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.
On November 8, 2016, Illinois voters approved the Illinois Transportation Taxes and Fees Lockbox Amendment, a legislatively referred constitutional amendment that prohibits lawmakers from using transportation funds for anything other than their stated purpose.
A state government policy of diversification of fuel sources has led to initiatives like the 13% Gas Scheme. The mandatory target for Queensland electricity retailers has subsequently been raised to 15% for 2011 and 18% by 2020. [52] Eligible fuels include natural gas, coal seam gas, liquefied petroleum gas and waste gases.
The price of regular unleaded gas on average was $3.063 per gallon on Tuesday, down from $3.183 a month ago and $3.313 a year ago, according to AAA. This story has been updated with new information.
If such a company buys a fuel swap and the price of fuel declines, the company will effectively be forced to pay an above-market rate for fuel. If the company buys a fuel call option and the price of fuel increases, the company will receive a return on the option that offsets their actual cost of fuel. If the company buys a fuel call option ...