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Changes in vehicle miles traveled often mirror changes in gasoline price

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The number of vehicle miles traveled (VMT) often mirrors changes in the price of gasoline, according to data presented bybthe US Department of Energy (DOE). The figure below shows the percentage change in gasoline prices and VMT from one year to the next (e.g., Prices are for regular gasoline.

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Machine learning PODA model projects the impact of COVID-19 on US motor gasoline demand

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Their open-access paper appears in the journal Nature Energy. The PODA model is a machine-learning-based model to project the US gasoline demand using COVID-19 pandemic data, government policies and demographic information.

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DOE: Average annual gasoline taxes paid per vehicle, by state, 2019

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miles per gallon (mpg) and the average annual miles driven is 11,484 miles. The Federal tax on gasoline is 18.4 cents per gallon, and each state has a gasoline tax, ranging from 8.95 mpg driven 11,484 miles in 2019. Energy Information Administration website, August 2019. cents in Alaska to 58.7

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EIA: US average gasoline prices before Memorial Day highest since 2014

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The average retail price for regular gasoline in the United States on 24 May, the Monday before the Memorial Day weekend, was $3.02 per gallon (gal), the highest gasoline price before Memorial Day since 2014, according to the US Energy Information Administration’s (EIA’s) weekly Gasoline and Diesel Fuel Update.

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EIA: Average US retail gasoline price exceeds $3.00 for the first time since late 2014

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Disruptions to Colonial Pipeline operations prompted an increase in the average US retail price for regular grade gasoline (retail gasoline price) to $3.03 per gallon (gal) on 17 May, the first time retail gasoline prices averaged more than $3.00/gal gal and $3.04/gal, gal and $3.04/gal, gal and $2.78/gal,

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NREL study finds high-pressure hydrogen pipeline system could potentially make hydrogen cost-competitive with gasoline

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A new study by a team at the National Renewable Energy Laboratory (NREL) concludes that a high-pressure, scalable, intra-city hydrogen pipeline system could improve the economics and logistics of hydrogen delivery, making it potentially cost-competitive with gasoline. The authors assumed a total pipeline length of 38 miles (4.8

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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

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A sudden drop in miles traveled by car in the US triggered by wide-spread social isolation measures will have immediate ramifications for gasoline demand. IHS Markit analysis finds that US gasoline demand could fall by as much as 4.1 The four-week average US gasoline demand for the week ending 6 March 2020 was 9.1

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