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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 m 3 ). [1]
Retail markup over crude oil and wholesale gasoline, 2014–2019 Oil, gas, and diesel prices RBOB Gasoline Prices. In 2008, a report by Cambridge Energy Research Associates stated that 2007 had been the year of peak gasoline usage in the United States, and that record energy prices would cause an "enduring shift" in energy consumption practices.
Get ready to hear a lot more about fuel surcharges in the coming weeks as businesses ranging from trucking companies and airlines to rideshare services tack on extra fees to deal with surging gas...
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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.
The National Fuel Gas Distribution Corp. building at 1100 State St. in Erie is shown on July 21, 2021. That change, effective Thursday, drops the average monthly bill from $70.53 to $67.27.
National Fuel Gas Company (NYSE: NFG) is a diversified energy company with $6.2 billion in assets distributed among the following five operating segments: Exploration and Production (Seneca Resources Company, LLC), Pipeline and Storage (National Fuel Gas Supply Corporation and Empire Pipeline, Inc.), Gathering (National Fuel Gas Midstream Company, LLC), Utility (National Fuel Gas Distribution ...
Lyft will add a fuel surcharge of 55 cents to each ride given by drivers to offset surging gasoline prices. The measure will remain in place for at least the next 60 days, Lyft said. Lyft drivers ...