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However, propane costs per gallon change significantly from one state to another: the Energy Information Administration (EIA) quotes a $2.995 per gallon average on the East Coast for October 2013, [60] while the figure for the Midwest was $1.860 for the same period. [61]
Gasoline gallon equivalent (GGE) or gasoline-equivalent gallon (GEG) is the amount of an alternative fuel it takes to equal the energy content of one liquid gallon of gasoline. GGE allows consumers to compare the energy content of competing fuels against a commonly known fuel, namely gasoline. It is difficult to compare the cost of gasoline ...
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.
The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon. The highest recorded average price of regular gas was in June 2022 at $5.06 per gallon.
Here's how much a gallon costs now. Joe Murphy. Updated October 11, 2021 at 5:13 PM. ... the average price of a gallon in the United States hit a seven-year high this month at $3.26 per gallon.
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