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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. ... Gas prices by year.
Retail markup over crude oil and wholesale gasoline, 2014–2019 Oil, gas, and diesel prices RBOB Gasoline Prices. In 2008, a report by Cambridge Energy Research Associates stated that 2007 had been the year of peak gasoline usage in the United States, and that record energy prices would cause an "enduring shift" in energy consumption practices. [6]
Drivers can expect to end 2023 with gasoline prices around their lowest levels of the year. On Tuesday the national average price of gasoline was $3.08 per gallon, according to AAA data. It could ...
The national average price for a gallon of gasoline is at $3.50, according to AAA as of Jan. 26, 2023. While the amount of pain at the pump people feel is more or less acute depending on their ...
Regular gas averaged $3.15 per gallon a year ago, according to AAA. The highest level average prices ever hit was $5.01 in June two years ago. Original article source: Gas prices hit a 3-year low ...
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.
As of Wednesday, the national average price for regular gasoline stood at $3.25 a gallon, down 19 cents from a month ago and 58 cents from a year ago, according to data from motorist association AAA.
For somebody driving 12,000 miles a year who averages 25 miles per gallon, the added cost would be about $91 per year. The real-world difference is greater, because gas prices were lower in 2019 ...