Search results
Results From The WOW.Com Content Network
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 in the US are steadily rising again, leaving prospects of a $3 national average in the rearview mirror.. As of Feb. 15, the national average gas price stood at $3.28 per gallon, up $0. ...
WHERE ARE FUEL PRICES NOW? The national average is at $3.85 a gallon, up 18 cents from its mid-September lows of $3.67 a gallon, but down from highs reached two weeks ago.
In early 2020 the gas price has dropped down to a national average of $1.73 a gallon. [14] In 2021, the average price increased to $3.01/gallon. [15] By the end of June 2022, the price of gasoline reached a record high of over $5/gallon with some places reporting $6/gallon. [16]
State Taxes. 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.
Prices reached a low of around (2006 US) $17/Mcm in the late 1940s, when more than 20 percent of the natural gas being withdrawn from U.S. reserves was vented or flared. Beginning in 1954, the Federal Power Commission regulated the price of US natural gas transported across state lines.
Here's a table with the lowest average prices and how far they are below the national average. State. Average cost per gallon. Percentage below national average. Mississippi. $2.989. 15% ...
After three months of declines in U.S. gasoline prices, Americans should brace for costs to rise again soon. On Wednesday, regular gasoline was going for an average of $3.83 across the country ...