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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.
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.
Percent decrease in gas price over one year: -3.9%. Price for a regular gallon of gas, January 2025: $3.11. Price for a regular gallon of gas, January 2024: $3.23. Mean commute time in minutes: 24.2.
Price of a gallon of gas: $3.27 In 2022 dollars: $4.30 This article originally appeared on GOBankingRates.com : Rising Gas Prices: How Inflation Has Impacted Gas Prices Over the Years
Gas prices are finally starting to fall back down to earth in much of the country. ... Gas Was Cheaper 20 Years Later. By 1950, gas prices had jumped to 27 cents, about $3.40 in today’s money ...
In June 2021, the national average price for a gallon of gas was $3.09, according to data from AAA, but as of June 2022, it had topped $5. That marks a gain of over 60% in a single year.
WTOL (channel 11) is a television station in Toledo, Ohio, United States, affiliated with CBS.It is owned by Tegna Inc., which provides certain services to Fox affiliate WUPW (channel 36) under a joint sales agreement (JSA) with American Spirit Media.
(The Center Square) – Tennessee motorists are seeing a slight break at the gas pump, but prices are still 10 cents higher than a month ago, according to the latest numbers from AAA. The average ...