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what was the gas price in 2007

by Wanda Zemlak Published 3 years ago Updated 2 years ago

Gas Prices By Year

Year Adjusted Gas Prices for Inflation (In 20 ... Average Annual Gasoline Prices * Average CPI for Gasoline per year**
2006 $2.37 $2.64 $219.90
2007 $2.33 $2.85 $237.96
2008 $2.32 $3.32 $277.46
2009 $2.31 $2.40 $201.55
Jun 12 2022

Supporting Information
YearRetail Gasoline Price (Current dollars/gallon)Retail Gasoline Price (Constant 2015 dollars/gallon)
20072.803.16
20083.273.61
20092.352.58
20102.793.02
84 more rows
Mar 7, 2016

Full Answer

What is the average price of gas in the US?

We’ll take the regular price of gas per gallon, which is $3.30 for the US. And, the average price of gasoline in Canada is around $1.33 per litre. That sounds pretty clear until it hits you that there’s a difference in metrics and the currency!

What is the average cost of gas per year?

The national average is up 6.8 cents per gallon from a month ago and stands at 92.8 cents per gallon higher than a year ago. “The price of oil pushed into territory unseen in over seven years as WTI crude hit $88 per barrel, which continues to drag gasoline prices higher.

What is the average cost of gasoline?

Let’s start with gasoline. As of December 9, 2021, drivers in the U.S. paid an average of $3.33 per gallon for regular gasoline, according to AAA. That is 7 cents more per gallon than on October 8, 2021. Which states had the most and least expensive gasoline?

How much does a gallon of gas cost?

How much does a gallon of gas cost? Gasoline prices in selected countries worldwide in 4th quarter of 2018 (in U.S. dollars per gallon) The statistic represents gasoline prices around the world during the fourth quarter of 2018. At 5.95 U.S. dollars per gallon, gas prices in Germany were lower than in Norway, but considerably higher than in the ...

What was the average gas price in 2012?

The highest average gas price was $3.64 in 2012, which is 167% more expensive than a decade earlier. What year did gas go over one dollar? The average price of gas first went over $1 a gallon in 1980, when it went from $0.86 per gallon to $1.19 per gallon.

When do gas prices increase?

Gas prices tend to increase in the spring and summer. People drive more during warmer weather, so the demand is higher. In addition, during the summer months, gas refineries must use more expensive gasoline components in order to meet federal guidelines.

When does gas cost less?

Gas prices are based largely on supply and demand. Typically, gas costs less during the winter months when drivers are less likely to be on the road. Similarly, prices tend to rise during the spring and summer months when more drivers are on the road. Sources:

What is the best day to buy gas?

The best day to buy gas is Monday, according to a Gas Buddy study. The next best day to buy gas is Sunday. What is the worst day of the week to buy gas? Fridays are the most expensive day to buy gas. In a Gas Buddy study, 19 states had the highest gas prices at the end of the work week.

How much is a gallon of gas in 2005?

Kloza said gasoline prices as measured by AAA have not yet hit a record, clocking in at $3.04 a gallon Monday, two cents shy of the 2005 record.

What was the highest price of gasoline in 1981?

When inflation is factored in, Lundberg's record of $3.07 still trails the all-time high in March 1981. At the time, gasoline cost $1.35 a gallon - and in today's dollars, that's $3.13 a gallon, said Lundberg.

What was the price of gasoline in 2015?

2015 was different. In light of plummeting crude oil prices, U.S. regular retail prices of gasoline fell to 2.43 in 2015 and a record low of 2.14 in 2016. Although the United States is a large exporter of oil itself, U.S. regular-grade gasoline is usually made from UK Brent, and the price of this crude fell by more than 50 percent between 2014 ...

How much is gas in 2020?

Gas prices in the United States 1990-2020. In 2020, customers at U.S. gas stations were charged 2.17 U.S. dollars per gallon, down almost 17 percent from 2.6 U.S. dollars in 2019. The price of gasoline is significantly lower in the U.S. than in many other countries. At roughly seven U.S. dollars per gallon, customers in Norway are charged some ...

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