Why Was Gas $4 A Gallon In 2008?
Why Was Gas $4 A Gallon In 2008? The main reason for the price hike was record highs in crude oil prices, Lundberg said. The area with the highest average gas prices was Stockton, Calif., which posted $4.41 per gallon. Why did natural gas prices drop in 2008? Economic recession and falling prices (Oct 2008-