| Year Retail Gasoline Price (Current dollars/gallon) Retail Gasoline Price (Constant 2015 dollars/gallon) | 2008 3.27 3.61 | 2009 2.35 2.58 | 2010 2.79 3.02 | 2011 3.53 3.75 |
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What was the lowest gas prices in 2008?
Low gas prices appear to be minimizing the hype over the hybrid vehicle. Dec. 26, 2008—Gas prices tumble to $1.64 a gallon . Some areas seeing prices as low as $1.45 a gallon.
How much was a tank of gas in 2008?
| Year Gasoline Price (Current dollars/gallon) Gasoline Price (Constant 2011 dollars/gallon) | 2006 2.59 2.84 | 2007 2.80 2.99 | 2008 3.27 3.41 | 2009 2.35 2.43 |
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When was the last time gas was $3 a gallon?
The national average price of regular gasoline is just slightly over $3 a gallon on Wednesday, according to data from the American Automobile Association. The last time average prices were at these levels was in November 2014 .
When was gas $0.99 a gallon?
In October 1998 , you could buy gas for 99 cents a gallon. You read right: 99 cents a gallon. This was the last time gas was under a buck a gallon here.
What was the price of gas in November 2008?
| Regular gasoline/gallon $2.22 ↓ .18 | Diesel fuel/gallon $2.94 ↓ .14 |
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How much was a loaf of bread in 2008?
In 2008, the price of bread had increased to $1.37 per loaf and wheat prices hit $8.89 per bushel. The value of wheat in that loaf of bread was now 12.2 cents, but the value of wheat as a percentage of the entire loaf went down to 9%.
What was the price of a gallon of milk in 2008?
| Year Average Milk Price by Year* Milk Prices Adjusted for Inflation In 2020 Dollars | 2008 $3.80 $3.71 | 2009 $3.11 $3.61 | 2010 $3.26 $3.62 | 2011 $3.57 $3.62 |
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What was the price of gas in 1970?
For the average American, drivers went from paying $0.36 per gallon at the pump in 1970 (which is equal to about $1.72 per gallon in today’s dollars) to $1.19 per gallon in 1980 (which is equivalent to about $2.95 per gallon). In the late ’70s and early ’80s, there was a massive global recession.
Why was gas prices so high in 2008?
In June 2008 U.S. energy secretary Samuel Bodman said that insufficient oil production , not financial speculation, was driving rising crude prices. He said that oil production had not kept pace with growing demand.
What was the average cost of gas in 2020?
| Year Jan Sep | 2018 2.671 2.915 | 2019 2.338 2.681 | 2020 2.636 2.274 | 2021 2.420 3.272 |
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What was the highest price for gas in the US?
The highest ever price for a gallon of regular gas was $4.11 in July of 2008 , according to AAA. Around the country, Idaho has seen the biggest spike in fuel prices over the last week, with gas costs jumping 10 cents, according to AAA.
Where is the most expensive gas in the US?
- 1– California:
- 2 -Hawaii:
- 3 – Nevada:
- 1 – Illinois.
- 2 – New York.
- 3 – Minnesota.
- 1 – Oregon.
- 2 – Nevada.
What state has the cheapest gas 2020?
Hawaii tops the list. Missouri has the cheapest gas.
What state has the cheapest gas 2021?
Oklahoma has the lowest current gas prices by state in the category of premium gasoline. Its residents pay $2.368 per gallon, which is less than the $2.417 and $2.483 paid by Missourians and Mississippians. The most expensive premium gas prices are found in Hawaii, California, and Washington.
What was the lowest gas prices in 2020?
U.S. average gasoline prices and vehicle travel fell to multiyear lows in 2020. U.S. regular retail gasoline prices averaged $2.17 per gallon (gal) in 2020, 44 cents/gal (17%) lower than in 2019 and the lowest annual average since 2016.
