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The price per gallon never topped 90 cents in the closing years of the ’80s — about $2.40 today. A decade later in 1996-97, prices peaked at $1.23, which is almost exactly the same in 2022 ...
Price of a gallon of gas: $3.27 In 2022 dollars: $4.30 This article originally appeared on GOBankingRates.com : Gas Prices: The Cost of Gas the Year You Were Born
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]
With the current inflation rate, things that cost a dollar 50 years ago would approximate cost $7.03 today. ... Gas prices. A gallon of gas seems to cost an arm and a leg these days, but would ...
The federal government had controlled the price of natural gas that crossed state lines, but not of gas produced and sold within a state. In the 1970s, the low interstate price set by the federal government caused supply shortages of gas in consuming states, because gas producers sold as much as they could of their product for higher prices in ...
Record-setting oil prices in the first half of 2008 and economic weakness in the second half of the year prompted a 1.2 Mbbl (190,000 m 3)/day contraction in US consumption of petroleum products, representing 5.8% of total US consumption, the largest annual decline since 1980 at the climax of the 1979 energy crisis. [22]
The national average price for a gallon of gasoline is at $3.29, according to AAA as of Jan. 6, 2023. While the amount of pain at the pump people feel is more or less acute depending on their ...
Gas prices may refer to: Gasoline and diesel usage and pricing; Natural gas prices This page was last edited on 26 September 2023, at 18:25 (UTC). Text is available ...