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The average cost of a gallon of regular gas was $3.44 on Wednesday, according to AAA, down about 4% from one month ago. Prices are expected to fall further as a result of lackluster demand as ...
On Thursday, the national average price of gas sat at $3.51 per gallon, about $0.02 higher than a week ago and a couple of pennies lower than last year, according to AAA data.
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.
Updated April 19, 2024 at 4:00 AM. At the time of writing, the national average price of regular gas is $3.62 per gallon, $0.02 higher than this time last year. Drivers who use premium gas are ...
This is fairly helpful as a comparison to gallons of gasoline. Ethanol and blended fuels (E85) 1.5 US gallons (5.7 litres) of ethanol has the same energy content as 1.0 US gal (3.8 L) of gasoline. The energy content of ethanol is 76,100 BTU/US gal (5.89 kilowatt-hours per litre), compared to 114,100 BTU/US gal (8.83 kWh/L) for gasoline.
The rating for all-electric mode (left) is expressed in miles per gallon gasoline equivalent (mpg). Miles per gallon gasoline equivalent ( MPGe or MPGge) is a measure of the average distance traveled per unit of energy consumed. MPGe is used by the United States Environmental Protection Agency (EPA) to compare energy consumption of alternative ...
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