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Gasoline
Gasoline (), or petrol () (see the etymology for naming differences) is a clear petroleum-derived flammable liquid that is used primarily as a fuel in most spark-ignited internal combustion engines. It consists mostly of organic compounds obtained by the fractional distillation of petroleum, enhanced with a variety of additives. On average, a 160-liter (42-U.S.-gallon) barrel of crude oil can yield up to about 72 liters (19 U.S. gallons) of gasoline after processing in an oil refinery, depending on the crude oil assay and on what other refined products are also extracted. The characteristic of a particular gasoline blend to resist …
WikipediaPublications
IMF: International Monetary Fund · 18 July 2024 English
Selected Issues
at a lower rate than it taxes gasoline (65.45 cents a liter for gasoline, compared to 47.04 cents a liter … which produce more greenhouse gas emissions than gasoline-fueled cars (see, for example, ICCT 2019). Burger … of those for advanced economies, and those for gasoline and automotive diesel seem to be at the high end … Council on Clean Transportation (ICCT), 2019, “Gasoline vs. Diesel Comparing CO2 Emission Levels of a …
IMF: International Monetary Fund · 18 July 2024 English
The U.S. economy has turned in a remarkable performance over the past few years. Hysteresis effects from the pandemic did not materialize and both activity and employment now exceed pre-pandemic …
the federal excise tax on gasoline and diesel. The federal tax on gasoline and diesel is not subject … 18.4 cents for gasoline and 24.4 cents for diesel). Doubling the tax on both gasoline and diesel would …
Fraser Institute · 18 July 2024 English
The federal government has set a GHG emissions reduction target of at least 40% below 2005 levels by 2030, equivalent to 38.5% below 2022 levels. This report examines proposed policies …
fuels used in Canada to 80.0 grams of CO2 eq./MJ (gasoline) or 79.0 grams of CO2 eq./MJ (diesel) by 2030 … regulations will result in a notable increase in gasoline prices, potentially rising by up to 17 cents …
World Bank Group · 17 July 2024 English
sector8. In São Paulo, between 2018 and 2022 gasoline cars emitted 101g CO2 equivalent per passenger …
Cato Institute · 16 July 2024 English
Like many other fiscal conservatives, I often criticize the large and growing government subsidies to transit. The very active transit advocacy community on X often responds: "How about government subsidies …
It was not until 1923 that California enacted a gasoline tax of two cents per gallon. But gas taxes were … decades, California has sharply increased its gasoline tax, from six cents per gallon in 1963 to sixty … sales tax and an excise tax on both gasoline and diesel. For gasoline, the state sales tax is 2.25 percent … levies an excise tax of $0.184 per gallon for gasoline and $0.244 per gallon for diesel. We estimated …
World Bank Group · 16 July 2024 English
Climate change is among the most significant social, economic, and environmental threats. Achieving even modest climate targets will depend on local-to-global coordination on costly and far-reaching policies. This research program …
transportation 53 85 82 89 96 82 Banning new gasoline cars and trucks by the year 2040 16 75 75 … transportation 80 80 65 66 68 71 Banning new gasoline cars and trucks by the year 2040 70 55 56 …
World Bank Group · 15 July 2024 English
Angola are regressive, and the April 22 increase in gasoline prices by 48 percent is expected to raise the … proposed reforms on certain groups. Increases in gasoline and diesel prices will disproportionately impact …
World Bank Group · 15 July 2024 English
The CPIA Africa report highlights policy trends, best practices, and key changes in Sub-Saharan Africa, following the World Bank's annual Country Policy and Institutional Assessment (CPIA). The analysis is designed …
GDP, and Nigeria has more than tripled retail gasoline prices to begin to address its long-standing …
World Bank Group · 12 July 2024 English
The Iran Economic Monitor (IEM) provides an update on key economic developments and policies. It examines these economic developments and policies in a longer-term and global context and assesses their …
Support cash transfers to compensate for the gasoline price increase (Figure 38). The program was bolstered … faltered in implementation. Instead of aligning gasoline prices with international standards, the government … with social grievances following the increase in gasoline prices in 2019. c In addition, under the supplementary …
NBER: National Bureau of Economic Research · 11 July 2024 English
Over the last two decades, U.S. households have received $47 billion in tax credits for buying heat pumps, solar panels, electric vehicles, and other “clean energy” technologies. Using information from …
policy. Previous papers have examined, for example, gasoline taxes (Poterba, 1991; Bento et al., 2009; Glaeser … for example, that distributional consequences of gasoline and carbon taxes tend to be more evenly distributed … “Distributional and Efficiency Impacts of Increased U.S. Gasoline Taxes,” American Economic Review, 2009, 99 (3) … Regressive are Mobility-Related User Fees and Gasoline Taxes?,” Tax Policy and the Economy, 2023, 37 … Economic Review, 1989, 79 (2), 325–330. , “Is the Gasoline Tax Regressive?,” NBER Tax Policy and the Economy …