How much did a gas cost in 2007?
Supporting Information
| Year | Retail Gasoline Price (Current dollars/gallon) | Retail Gasoline Price (Constant 2015 dollars/gallon) |
|---|---|---|
| 2006 | 2.59 | 3.00 |
| 2007 | 2.80 | 3.16 |
| 2008 | 3.27 | 3.61 |
| 2009 | 2.35 | 2.58 |
Why did gas prices rise in 2007?
Surging demand from developing economies, stagnant production, financial speculation, and tension in the Middle East caused oil and gas prices to steadily climb over the 2000s.
What was the average price of a gallon of unleaded gas in 2008?
Dec. 31, 2008—Crude oil prices plummet below $37 a barrel while the U.S. average price for a gallon of regular unleaded gasoline falls to an amazing 5-year low of $1.61.
How much was a gallon of milk in 2007?
2007: $1.64 commodity price, $3.87 retail price That translated to a big jump in the price for consumers, who paid an average retail price of $3.87 per gallon, making 2007 the peak year for retail milk prices in the United States (so far).
What is the average price of gas in the US?
We’ll take the regular price of gas per gallon, which is $3.30 for the US. And, the average price of gasoline in Canada is around $1.33 per litre. That sounds pretty clear until it hits you that there’s a difference in metrics and the currency!
What is the average cost of gas per year?
The national average is up 6.8 cents per gallon from a month ago and stands at 92.8 cents per gallon higher than a year ago. “The price of oil pushed into territory unseen in over seven years as WTI crude hit $88 per barrel, which continues to drag gasoline prices higher.
What is the average cost of gasoline?
Let’s start with gasoline. As of December 9, 2021, drivers in the U.S. paid an average of $3.33 per gallon for regular gasoline, according to AAA. That is 7 cents more per gallon than on October 8, 2021. Which states had the most and least expensive gasoline?
How much does a gallon of gas cost?
How much does a gallon of gas cost? Gasoline prices in selected countries worldwide in 4th quarter of 2018 (in U.S. dollars per gallon) The statistic represents gasoline prices around the world during the fourth quarter of 2018. At 5.95 U.S. dollars per gallon, gas prices in Germany were lower than in Norway, but considerably higher than in the