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The national average for gas prices is $3.54 per gallon as of March 2024, but the final price you pay might be drastically higher — or lower — depending on the state that you live in.For ...
The average gas price in the United States last week was $3.45, making prices in the Lower Atlantic region about 4.3% lower than the nation's average. The average national gas price is down from ...
Updated April 19, 2024 at 7:00 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 ...
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.
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
The average gas price in the United States last week was $3.48, making prices in the Midwest region about 0.2% lower than the nation's average. The average national gas price is up from last week ...
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