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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 also depend on the ZIP code you fill up in, with states in the West paying the highest gas prices on average and Southeastern states paying the lowest. ... 2012: $3.62. 2013: $3.51 ...
The U.S. experienced an upswing in gasoline prices through 2011, [94] and, by 1 March 2012, the national average was $0.99 per liter ($3.74/U.S. gal). California ...
The average price of gas was $3.51, with predictions of $3.25 by November, but it was below $3 in some markets. [19] During October, the price of oil rose 22%, the fastest pace since February, as worries over the U.S. economy decreased, leading to predictions of $4 by early 2012. As of November 8, the price reached $96.80.
Do you remember the good ole' days? In 1998, gas in my hometown was a whopping $0.98 per gallon. For a kid in high school, that was huge—I was able to afford to go places. Gas had hovered around ...
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Since 2007, gasoline prices in the UK rose by nearly 40 pence per liter, going from 97.3 pence per liter in 2007 to 136.8 pence per liter in 2012. [63] In much of Europe, including the UK, France and Germany, stations operated by large supermarket chains usually price fuel lower than stand-alone stations.
The U.S. Labor Department this morning reported that the Consumer Price Index (CPI) for February rose 0.7%, led by a 9.1% spike in gasoline prices. CPI is up 2% over the past 12 months. The spike ...