Pump Price news and technical articles from Oil & Gas Journal. Search Pump Price latest and archived news and articles
averaging $2.70/gal. Last year’s average pump price across all types of gasoline was $2.635/gal, according ..... last year. Last year demand grew 0.8% as the average pump price surged almost 13%. This year’s higher pump prices
increase the fuel tax. The UK now has the highest fuel duty in the European Union, with tax accounting for 65% of the pump price of petrol. Two years ago Brown joined other European leaders in increasing taxes on large vehicles, fuel, plastic
indeed have been responsible for bolstering prices throughout 2006 and 2007. The average regular unleaded self-service pump price in the US on Aug. 1, 2007, was $2.918/gal. This is the lowest since late-April, according to OGJ statistics
Instead, the government has put together a complicated scheme that would abolish the provisional gasoline tax only if the pump price of regular gasoline exceeds ¥160/l. for 3 consecutive months. For the longer term, overall demand will continue
MMbtu in fourth-quarter 2007. High product prices suppressed demand during the second half of last year. The average pump price for all formulas of unleaded gasoline in the US reached as high as $4.165/gal in the first week of July 2008, and
margins and currently projects spot prices at $2.94[/gal] by Labor Day. This translates to a national average pump price of about $3.70/gal for regular unleaded," Brown and Thies said. Contact Nick Snow at firstname.lastname@example.org.
image Regular unleaded pump prices in 2007 increased 7% from a year earlier, according to BLS figures. In 2006, the pump price for regular unleaded fuel rose 13% from a year earlier. Following springtime maintenance, inventories of gasoline will
Inventories of motor gasoline finished the first half near the midpoint of the 5-year range. OGJ forecasts that the pump price for all types of gasoline in the US will average $3.67/gal this year, including taxes of 43.6¢/gal. Retail
margins and currently projects spot prices at $2.94[/gal] by Labor Day. This translates to a national average pump price of about $3.70/gal for regular unleaded,” Brown and Thies said.
and local taxes, 20%. In that same month, the retail price of diesel averaged $2.49/gal. Contributors to that pump price included crude, 49%; refining, 18%; distribution and marketing, 12%; and taxes, 21%, EIA reported. The absence of good data on true supplies