2019 Gasoline Prices By State What Determines Gas Prices The good news is that 2019 kicked off with relatively low gas prices. an oversupply of oil on the world market lead to a steady decline in the price of fuel. with the national average gas price at $2.25 at the beginning of january, it’s actually the lowest price since 2016 for this time of year. A webpage with the most recent available and historical u.s. weekly nominal prices for retail gasoline nationally and by region.
2019 Gasoline Prices By State What Determines Gas Prices U.s. regular retail gasoline prices averaged $2.60 per gallon (gal) in 2019, 11 cents gal (4%) lower than in 2018. gasoline prices rose steadily during the first quarter of the year, rising from $2.24 on january 7 to $2.90 gal on may 6, before gradually declining through the rest of the year. It's a familiar scenario. you pull into a gas station and fill up, only to drive a block down the road and see another station has gas for 20 cents less than you just paid. after a bit of quick math, you realize how two dimes per gallon really adds up. for a vehicle with a 15 gallon (56 liter) tank, 20 cents per gallon could mean up to $3 per. From 1995 through 2006, the price difference among grades of gasoline was typically about 10 cents per gallon. since 2006, the price difference among gasoline grades has generally increased. in 2023, the national annual average price of midgrade gasoline was about 52 cents per gallon more than regular grade gasoline, and the average price for. Ahead of the storm, florida’s average spiked eight cents from $2.36 to $2.44. today’s state average is $2.42. georgia and south carolina saw minimal impact from the storm. on the week, all states have cheaper or stable gas prices – by as much as three cents. across the region, state averages range between $2.16 – $2.42.
2019 Gasoline Prices By State What Determines Gas Prices From 1995 through 2006, the price difference among grades of gasoline was typically about 10 cents per gallon. since 2006, the price difference among gasoline grades has generally increased. in 2023, the national annual average price of midgrade gasoline was about 52 cents per gallon more than regular grade gasoline, and the average price for. Ahead of the storm, florida’s average spiked eight cents from $2.36 to $2.44. today’s state average is $2.42. georgia and south carolina saw minimal impact from the storm. on the week, all states have cheaper or stable gas prices – by as much as three cents. across the region, state averages range between $2.16 – $2.42. On the opposite end, texas had the lowest gas prices of any recorded state in july 2023 at $3.17 per gallon. why do gas prices vary by state? there are several key factors that result in a variation in gas prices across states. one of the main factors is taxes. each state sets its own taxes on gasoline, which can vary greatly. 4. hawaii. $0.77. 5. new jersey. $0.69. *note: figures include both state and federal tax. states with high gas taxes usually spend the extra money on improvements to their infrastructure or local transportation. for instance, illinois doubled its gas taxes in 2019 as part of a $45 billion infrastructure plan.
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