What was the highest gas price in 2009?

What was the highest gas price in 2009?

Gas prices have fallen for 26 days in a row after climbing to $2.693, the highest level of 2009, on June 21.

How much was a gallon of gas in 1982?

Supporting Information

Year Retail Gasoline Price (Current dollars/gallon) Retail Gasoline Price (Constant 2015 dollars/gallon)
1982 1.31 2.71
1983 1.22 2.43
1984 1.16 2.22
1985 1.13 2.10

Why were gas prices so high in 2009?

Great Recession Commentators attributed these price increases to many factors, including Middle East tension, soaring demand from China, the falling value of the U.S. dollar, reports showing a decline in petroleum reserves, worries over peak oil, and financial speculation.

What was the price of gas in 2008?

Nov. 3, 2008 —U.S. Gas prices drop to $1.72 a gallon. Some gas stations even roll out a $.99 cent promotional deal. Treehuggers question whether the sudden drop is as good as most consumers seem to think it is. Dec. 17, 2008 —OPEC removes 2.2 million barrels from its daily production.

What was the average price of gas in 2012?

The highest average gas price was $3.64 in 2012, which is 167% more expensive than a decade earlier. What year did gas go over one dollar? The average price of gas first went over $1 a gallon in 1980, when it went from $0.86 per gallon to $1.19 per gallon. When was the last time gas was under $2 a gallon?

When did gas prices go up to$ 3 a gallon?

April 21, 2008 —Gasoline prices jump to a record $3.50 a gallon in some parts of the U.S. May 15, 2008 — While many people were shocked at $3 a gallon, they were not prepared for what was about to happen as prices shot up to nearly $4 a gallon. Public hysteria sets in as consumers begin using Gas Buddy to find the lowest gas prices in town.

What was the cost of gas in 2014?

Gas prices are displayed at a Gas & Shop gas station on Oct. 27, 2014 in San Anselmo, California. Every year, gas prices continue to rise and therefore make owning a car that much more expensive. Those who were set back an average of $2.51 per gallon last yearlong for the $0.16 Americans paid 80 years ago.