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Gas prices within the last 10 years highlight how volatile the market can be. When looking at historical data, gas prices were the same in 2011 as they were in 2023 — $3.52 per gallon.
Retail markup over crude oil and wholesale gasoline, 2014–2019 Oil, gas, and diesel prices RBOB Gasoline Prices. In 2008, a report by Cambridge Energy Research Associates stated that 2007 had been the year of peak gasoline usage in the United States, and that record energy prices would cause an "enduring shift" in energy consumption practices. [6]
A gasoline price website is a type of price comparison website that provides current fuel price information for different filling stations. Supported fuel types generally include gasoline , but may also include diesel , liquefied petroleum gas , biofuels and recharge electricity .
Gas prices peaked in June 2022 at $5.058 nationally, so relatively speaking, that $3.601 looks pretty good. But still, it's higher than it was earlier this year, when gas was as low as $3.221 in ...
Most states do not mandate certain standard gasoline grade octane ratings.In the United States and Canada, octane ratings are in AKI, commonly shown as "(R+M)/2".All states require gas pumps to be labeled with the correct octane level and nearly all states do regular testing to make sure gas stations are in compliance.
The price fell steadily to a term-low of $2.84 in July 2018. The price held steady until it breached $3 in June 2019 and climbed to a Trump-era high of $3.54 in December 2020.
In 1980, globally averaged prices "spiked" to US$107.27, [3] and reached its all-time peak of US$147 in July 2008. The 1980s oil glut was caused by non-OPEC countries—such as the United States and Britain—increasing their oil production, which resulted in a decrease in the price of oil in the early 1980s, according to The Economist. [52]
This week, gas prices dropped by three cents, bringing the national average to $3.12 per gallon. … According to new data from the Energy Information Administration (EIA), gasoline demand ...