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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.
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.
United States Henry Hub natural gas prices The Title Transfer Facility , more commonly known as TTF , is a virtual trading point for natural gas in the Netherlands. This trading point provides facility for a number of traders in Netherlands to trade futures, physical and exchange trades.
Natural gas prices, as with other commodity prices, are mainly driven by supply and demand fundamentals. However, natural gas prices may also be linked to the price of crude oil and petroleum products, especially in continental Europe.
Get your cheap gasoline while you can. After a 10-week streak of lower prices at the pump, an energy trader explains why higher prices are coming this fall.
The price of gas is going up everywhere and, with summertime vacations fueling demand, could top $6 or $7 a gallon. Here's what people are willing (and unwilling) to do if that happens.
The following articles relate to the price of energy: Carbon price; Energy crisis; Price of oil; Gasoline and diesel usage and pricing; Natural gas prices; Hubbert peak theory, or peak oil; Energy economics; Electricity market; Electricity pricing; Cost of electricity by source
Gas prices could go above $6 per gallon nationwide by August, according to JPMorgan analysts.