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The national average price for a gallon of gasoline is a little more than $4.95, according to AAA. ... 2002. Price of a gallon of gas: $1.36. In 2022 dollars: $2.17. David Bush ©2020 Courtesy of ...
Crude oil prices to gas prices Henry Hub natural gas prices. From the mid-1980s to September 2003, the inflation-adjusted price of a barrel of crude oil on NYMEX was generally under US$25/barrel in 2008 dollars. During 2003, the price rose above $30, reached $60 by 11 August 2005, and peaked at $147.30 in July 2008. [1]
The average price of gas was $3.38 on January 20, up 17 cents from a month earlier. [67] [68] By early February, the national average for gasoline was $3.48, though oil prices were at $98, the lowest in six weeks, and U.S. demand was the lowest since September 2001. [69]
December 16: The near-month crude oil futures price on the NYMEX tops $30 per barrel for the first time since October 2, as the general strike in Venezuela impacts the world oil market. Later in the month, on December 27, the near-month crude oil futures price rises to $32.72 per barrel, the highest price since November 2000. (WSJ, AP)
American drivers had it rough back in 1981. The average price of gasoline spiked to $1.353 a gallon that year — up from $1.221 in 1980 and more than double the price just three years earlier.
As GOBankingRates previously reported, U.S. gas prices rose more than 45 cents per gallon since the onset of the conflict. Prior to 2021, the yearly average exceeded $3 a gallon only five times ...
Palladium prices rose sharply during the millennium period [67] due to increased demand, then collapsed to nearly their original starting price by the end 2002, [67] only to start to rise less dramatically in the year 2006. [67] Palladium prices in 1992 and 2002–04 was about $200/oz. It rapidly shot up to approximately $1,000/oz between 1999 ...
The price of gasoline in the U.S. is shaped by a variety of factors, including the cost of crude oil, distribution and marketing costs, profits and taxes. These are big picture issues that are well...