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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]
Illinois residents can expect to see lower gas prices come 2024, according to a new outlook report released Thursday by GasBuddy.
Prices at the gas pump are rising yet again as refiners turn to producing jet fuel and diesel instead of gasoline, and as demand jumps ahead of the summer driving season. Prices across the country ...
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 ...
The first federal gasoline tax in the United States was created on June 6, 1932, with the enactment of the Revenue Act of 1932, which taxed 1¢/gal (0.3¢/L). Since 1993, the US federal gasoline tax has been unchanged (and not adjusted for inflation of nearly 113 percent through 2023) at 18.4¢/gal (4.86¢/L).
Drivers are in for another headache at the pump as U.S. gas prices continue to rise. The national average for gas prices stood at about $3.78 a gallon on Tuesday — about 25 cents higher than ...
The Lowering Gasoline Prices to Fuel an America That Works Act of 2014 is a bill that would revise existing laws and policies regarding the development of oil and gas resources on the Outer Continental Shelf. [1] The bill is intended to increase domestic energy production and lower gas prices. [2] [3]
U.S. motorists should see gasoline prices fall below $3 a gallon for the first time in over three years as soon as next month, shortly before they go to vote in November's presidential election ...