| Year Jan Jun | 2006 2.424 3.260 | 2007 2.616 3.329 | 2008 3.296 4.531 | 2009 2.051 2.969 |
|---|
What were the average gas prices in 2007?
| Year Retail Gasoline Price (Current dollars/gallon) Retail Gasoline Price (Constant 2015 dollars/gallon) | 2007 2.80 3.16 | 2008 3.27 3.61 | 2009 2.35 2.58 | 2010 2.79 3.02 |
|---|
Why were gas prices so high in 2007?
New supplies of oil from non-OPEC countries were supposed to come online in 2007 and ease some of these supply bottlenecks. … That’s helped push oil prices to nearly $130 a barrel and gasoline to an average of nearly $3.80 a gallon – smashing previous records even when adjusting for inflation.
How much was a gallon of milk in 2007?
Thanks to a 2006 drought and rising livestock costs, the average commodity price for milk in 2007 shot up to
$1.64
. 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 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 did a loaf of bread cost in 2007?
| Year USD Value Inflation Rate | 2006 $6.52 3.29% | 2007 $7.00 7.44% | 2008 $8.03 14.61% | 2009 $8.13 1.26% |
|---|
What was the price of milk in 2007?
| Year USD Value Inflation Rate | 2006 $6.27 -1.19% | 2007 $7.01 11.68% | 2008 $7.43 5.99% | 2009 $6.45 -13.15% |
|---|
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%.
How much was a house in 2007?
2007:
$247,900
2007 held the highest home price for years to come, topping out at $247,900.
How much was a new car in 2008?
Back in 2008, the average base manufacturer suggested retail price (MSRP) for a car was $23,900 with consumers choosing to add around $6,500 in options and trim levels, bringing the car’s overall price to
$30,400
.
How much did a dozen eggs cost in 2007?
Egg prices remained under $1.00 per dozen until 2007, when higher feed costs pushed prices up 59 percent in a single year to
$1.14 per dozen
. Since then prices had been above a dollar through the late 2000s and 2010s.
How much did a car cost in 2007?
| Year USD Value Inflation Rate | 2004 $98,969.31 -0.55% | 2005 $99,918.53 0.96% | 2006 $100,805.23 0.89% | 2007 $100,392.86 -0.41% |
|---|
How much did a gallon of milk cost in 1990?
| Cost of a new home: $149,800.00 | Cost of a first-class stamp: $0.25 | Cost of a gallon of regular gas: $1.16 | Cost of a dozen eggs: $1.00 | Cost of a gallon of Milk: $2.78 |
|---|
What was the price of gas in November 2008?
| Regular gasoline/gallon $2.22 ↓ .18 | Diesel fuel/gallon $2.94 ↓ .14 |
|---|
How much was Premium Gas 2008?
The 2008 gas crisis hit its peak one month later with prices averaging
$4.11 per gallon
.
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 |
|---|
