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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.
Joseph Jeffrey Hazelwood (September 24, 1946 – c. July 22, 2022) was an American sailor.He was the captain of Exxon Valdez during her 1989 oil spill.He was accused of being intoxicated which contributed to the disaster, but was cleared of this charge at his 1990 trial after witnesses testified that he was sober around the time of the accident.
The program covered model year 2012 to model year 2016 and ultimately required an average fuel economy standard of 35.5 miles per US gallon (6.63 L/100 km; 42.6 mpg ‑imp) in 2016 (of 39 miles per gallon for cars and 30 mpg for trucks), a jump from the 2009 average for all vehicles of 25 miles per gallon.
But domestic oil production hit a record in 2023, with a daily average of 12.9 million barrels of oil produced. That’s more than any country has ever produced. That’s more than any country has ...
Barrels of oil. Commercial crude oil stock pile. The Strategic Petroleum Reserve ( SPR) is an emergency stockpile of petroleum maintained by the United States Department of Energy (DOE). It is the largest publicly known emergency supply in the world; its underground tanks in Louisiana and Texas have capacity for 714 million barrels (113,500,000 ...
For comparison's sake, prices rose just under 7.8% during the four years of Trump's presidency. The year-over-year inflation rate when Biden took office was 1.4%, not 9%. Though prices did reach 9 ...
Now through July 30 you can get an extra 20% off your purchase at Coach Outlet when you buy two or more leather goods. ... especially for the price. $75 at Amazon. Explore More Buying Options. $75 ...
The perceived increase in oil price differs internationally according to currency market fluctuations and the purchasing power of currencies. For example, excluding changes in relative purchasing power of various currencies, from 1 January 2002 to 1 January 2008: [64] In US$, oil price rose from $20.37 to nearly $100, about 4.91 times as expensive;
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