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The cost of gas has been volatile in recent years as markets react to world events, but it hasn't always been that way. ... 2011. Price per gallon: $3.53. Adjusted for inflation: $4.82.
Then, the team used a calculator from the Bureau of Labor statistics to account for inflation to reveal each year's price per gallon in 2022 money. Keep reading to learn the cost of gas the year ...
The price of gas on June 17 was $3.67.5 a gallon, 25.1 cents lower than a month earlier but 96.8 cents above a year earlier. [11] On June 24, the price of gas was $3.62.8 and expected to go much lower due to the opening of the Strategic Petroleum Reserve. U.S. oil prices fell below $90 before rising again, and Brent crude fell 2%. [12]
The national average price for a gallon of gasoline is a little more than $4.95, according to AAA. The pump pain is more or less acute depending on your region, but overall, everywhere in the U.S ...
The next year in 2011, as America was digging itself out of the worst economic catastrophe since the Great Recession, gas soared to $3.53 per gallon — or $4.75, when adjusted for inflation ...
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The national average price for a gallon of gasoline is at $3.43, according to AAA as of Feb. 10, 2023. While the amount of pain at the pump people feel is more or less acute depending on their ...
While producer prices in the U.S. increased by more than expected rising by 3.5% year over year, it was pulled down by natural gas prices which are lower on a year over year basis.