Gasoline Usage And Pricing
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Gasoline Usage And Pricing
The usage and pricing of gasoline (or ''petrol'') results from factors such as Price of oil, crude oil prices, processing and distribution costs, local demand, the strength of local currencies, local taxation or Fossil fuel subsidies, subsidy, and the availability of local sources of gasoline (supply). Since fuels are traded worldwide, the trade prices are similar. The price paid by consumers largely reflects national pricing policy. Most countries impose fuel tax, taxes on gasoline (petrol), which causes air pollution and climate change; whereas a few, such as Venezuela, subsidize the cost. Some country's taxes do not cover all the Negative Externalities, negative externalities, that is they do not make the Polluter pays principle, polluter pay the full cost. Western countries have among the highest usage rates per person. The largest consumer is the United States.
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Hurricane Rita
Hurricane Rita was the most intense tropical cyclone on record in the Gulf of Mexico, tying with Hurricane Milton in 2024 Atlantic hurricane season, 2024, as well as being the fourth-most intense Atlantic hurricane ever recorded. Part of the record-breaking 2005 Atlantic hurricane season, which included three of the ten List of the most intense tropical cyclones#North Atlantic Ocean, most intense Atlantic hurricanes in terms of barometric pressure ever recorded (along with Hurricane Wilma, Wilma and Hurricane Katrina, Katrina), Rita was the seventeenth named storm, tenth hurricane, and fifth major hurricane of the 2005 Atlantic hurricane season, season. It was also the earliest-forming 17th named storm in the Atlantic until 2020 Atlantic hurricane season#Tropical Storm Rene, Tropical Storm Rene in 2020. Rita formed near The Bahamas from a tropical wave on September 18, 2005, that originally developed off the coast of West Africa. It moved westward, and after passing throug ...
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