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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.
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.
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 average Queensland homeowner had to pay 40.5% of their household income towards home loan repayments and tenants on average paid 26.5% for rent during the first quarter of 2008. [55] Average wages rose by 7.5% in 2009, three times the national inflation rate. [56]
In 2017, Brisbane's Gross Regional Product was valued at $162 billion, with a 16.6% contribution from the resource sector. [30] In June 2017, Brisbane was estimated to home 198,863 businesses, of which 7277 are directly supported by the resources sector. [8] The sector contributed $25.8 billion to the Greater Brisbane economy in 2016–2017. [31]
The average fuel price in the Midwest region has risen about 31 cents since last month. According to the EIA, gas prices across the region in the last year have been as low as $2.77 on Jan. 8 ...
Fuel quality standards apply to petrol, diesel, biodiesel, autogas and ethanol E85. [32] Legislation from July 2003 imposes a 10% cap on the concentration of fuel ethanol blends. This was the result of vehicle testing showing that petrol blends containing 20% or more ethanol may cause problems in some older vehicles.
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