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The highest recorded average price of regular gas was in June 2022 at $5.06 per gallon. Drivers in California currently pay the most for gas at an average of $5.39 per gallon. ... Why are gas ...
The tension in the Middle East is among the reasons U.S. oil prices are up about 20% this year, ranging recently from roughly $85 to $90 a barrel. A gallon of regular gasoline in California ...
Today a gallon of gasoline in California today costs $4.61 on average, just over 10 cents lower than the last month and more than 50 cents lower than last year, according to the latest prices from ...
The average price of regular gasoline rose from $1.773 during the week of April 27, 2020, to $5 as of June 11, 2022, an all-time high. [37] California led the nation in gas prices with an average gallon of regular gas in the state reaching $6.43 as of June 11, 2022. [38]
1915: The retail price of gasoline reaches a low of 11 cents a gallon; 1916: Gasoline prices rise to 20 cents; 1918: United States Fuel Administration (a temporary wartime agency) takes charge and raises prices; 1919: Hay No. 7 catches fire at Elk Hills and becomes America's greatest gas gusher. 1919-20: Shortage of oil on West Coast; 1921: Oil ...
On average, U.S. petroleum refineries produce about 19 to 20 gallons of gasoline, 11 to 13 gallons of distillate fuel diesel fuel and 3 to 4 gallons of jet fuel from each 42 gallon (152 liters) barrel of crude oil. The product ratio depends upon the processing in an oil refinery and the crude oil assay. [12]
California is among the states with the highest gas prices on average, according to the American Automobile Association, with a gallon of regular gasoline going for $5.42 as of April 23. The ...
In contrast, one tonne of crude oil might occupy 6.5 barrels (1,030 litres; 273 US gallons), and one tonne of gasoline will require 7.9 barrels (1,260 litres; 332 US gallons). [20] Overall, the conversion is usually between 6 and 8 barrels (954 and 1,270 litres; 252 and 336 US gallons) per tonne.