What is the tax per gallon that the Federal and State governments collect on gasoline?

Answer: B — 41.6 cents

The answer refers to the total tax amount per gallon of gasoline collected by both federal and state governments. As of October 2023, the Federal gasoline tax is 18.4 cents per gallon, while individual states impose their own taxes, which can vary significantly across the country. In this case, when you add together the Federal tax and the average state taxes, it totals approximately 41.6 cents per gallon. This figure reflects a general average that considers many factors, including varying state tax rates, which can make it higher or lower depending on the exact location. This overall tax amount can greatly impact fuel prices and is essential for understanding transportation costs and budgeting for trucking operations.