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Gas Prices: Projection for the Rest of 2022. Andrew Lisa. September 12, 2022 at 7:01 AM. Extreme Media / Getty Images. ... By May 25, the national average price per gallon had risen to $4.60. That ...
In the first week of May 2020, gas prices fell below $1.80, nearly the lowest in history when adjusted for inflation. By the second week of June 2022, they peaked above $5 -- a record high.
For example, from May 2022 to June 2022 the average cost of gas increased by $0.88 per gallon. Data below from the U.S. Energy Administration show fuel costs from 2011 to 2023. Average price per ...
While prices have come down since the peak in June, prices were beginning to tick up again. Gas prices hit $3.79 a gallon the week of September 29, 2022, up from $3.73 on September 23, 2022 — an increase of $0.06 per gallon over the last week. [14] Since October 10, 2022, the price of gasoline has gone down again.
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 ...
That's about half of where prices were in June 2022 when gasoline prices topped $5 per gallon in Ohio not long after Russia's invasion of Ukraine aggravated oil markets.
According to the U.S. Energy Information Administration, gas was $4.62 per gallon on Memorial Day 2022. As of May 25, the average price is $3.57 — or more than $1 cheaper per gallon.
I don’t expect a repeat of last summer’s price surge to $5 per gallon.” A pump is seen at a gas station in Manhattan, New York City, U.S., August 11, 2022. REUTERS/Andrew Kelly (Andrew Kelly ...
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