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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.
Gas prices by year. 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 ...
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The average price of gas was $3.38 on January 20, up 17 cents from a month earlier. [ 67 ] [ 68 ] By early February, the national average for gasoline was $3.48, though oil prices were at $98, the lowest in six weeks, and U.S. demand was the lowest since September 2001. [ 69 ]
“The drop of a dollar per gallon has not been enough to restore motorist demand, which is in retreat due to sustained high price levels,” Lundberg said in a statement. Gas prices: Average ...
Tight refining supply has kept the gap wide between wholesale gasoline futures and retail prices, currently at about $1.25 a gallon, far exceeding the average of 88 cents over the past five years.
View history; Tools. Tools. move to sidebar hide. ... Printable version; In other projects ... Gas prices may refer to: Gasoline and diesel usage and pricing ...
As of Friday, the statewide average gasoline price was $5.12 per gallon for regular unleaded fuel, about 32 cents more than a month ago and roughly 29 cents more than a year ago, according to AAA.