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The national average price for a gallon of gasoline is at $3.50, according to AAA as of Jan. 26, 2023. ... 1970. Price of a gallon of gas: $0.36. In 2022 dollars: $2.67 ... Search for man swept ...
In 1970, a gallon of gas cost 36 cents. By 1981, it had more than tripled to $1.19. For context as to just how bad things are now, $1.19 in 1981 was worth $4.05 in today’s money — gas was ...
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
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1912 - Shell Oil enters California; gasoline price wars; independents organize to try to hold prices up; 1914 - California pumps 39% of national oil supply; 1914 - Panama Canal opens; allows oil shipments to Britain and East Coast; 1915 - The retail price of gasoline reaches a low of 11 cents a gallon; 1916 - Gasoline prices rise to 20 cents
Gas prices in the United States have slid from their all-time peak in fall 2022, but there are drivers in at least one state who still pull up to the pump and cringe. The current average gas price ...
For now, average gas prices in California are back on the rise, hitting $6.420 a gallon as of Oct. 6, 2022, according to AAA. That’s roughly two-thirds higher than the national average of $3.867 ...
In California, gas costs almost $2 more per gallon than the national average, according to AAA.