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Gas prices within the last 10 years highlight how volatile the market can be. When looking at historical data, gas prices were the same in 2011 as they were in 2023 — $3.52 per gallon.
Gas prices in the U.S. have fallen 49 cents in the past month to a national average of $4.49 per gallon as of July 19, according to AAA, driven in part by concerns over a potential recession, ...
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.
In 2010, the company launched its own mobile apps that allowed users to input gas prices from their smartphones. [3] In 2013, Oil Price Information Service (OPIS), a subsidiary of UCG, acquired GasBuddy. [4] OPIS is a provider of petroleum pricing and news for businesses.
Established maximum lawful prices for the sale of natural gas, which were phased out over a series of years, allowing market forces to set natural gas prices. [ 1 ] The Natural Gas Policy Act (NGPA) was the first building block in a plan from the Carter Administration to increase energy supply while reducing domestic consumption of energy. [ 2 ]
Natural gas prices have surged nearly 25% over the last month. Energy experts attribute the rise to cold weather expected in January and geopolitical issues around the globe.
San Diego hosts the largest naval fleet in the world: [8] In 2008 it was home to 53 ships, over 120 tenant commands, and more than 35,000 sailors, soldiers, Department of Defense civilian employees and contractors. [9] San Diego is home to the California National Guard's 79th Infantry Brigade Combat team. [10]