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What were the average gas prices in 2008?

What were the average gas prices in 2008?

Supporting Information

Year Retail Gasoline Price (Current dollars/gallon) Retail Gasoline Price (Constant 2015 dollars/gallon)
2008 3.27 3.61
2009 2.35 2.58
2010 2.79 3.02
2011 3.53 3.75

What was the highest gas price in 2008?

July 7, 2008—Crude oil prices settled-in at a new record of $147 per barrel. The U.S. average price for regular gasoline climbs to an all-time high of $4.11 per gallon.

What is the average cost of gas in Ohio?

State Gas Price Averages

State Regular Diesel
Ohio $3.032 $3.314
Oklahoma $2.870 $3.003
Oregon $3.793 $3.715
Pennsylvania $3.286 $3.594

How much was a tank of gas in 2008?

Supporting Information

Year Gasoline Price (Current dollars/gallon) Gasoline Price (Constant 2011 dollars/gallon)
2006 2.59 2.84
2007 2.80 2.99
2008 3.27 3.41
2009 2.35 2.43

How much was gas in November 2008?

The national gasoline average is now 88.7 cents below the price this time last year….

Regular gasoline/gallon $2.22 ↓ .18
Diesel fuel/gallon $2.94 ↓ .14

When was the last time gas was $3?

The national average price of regular gasoline is just slightly over $3 a gallon on Wednesday, according to data from the American Automobile Association. The last time average prices were at these levels was in November 2014.

What was the price of a gallon of milk in 2008?

Buying power of $5 since 1997

Year USD Value Inflation Rate
2008 $7.43 5.99%
2009 $6.45 -13.15%
2010 $6.68 3.57%
2011 $7.29 9.16%

What was the average gas price in Ohio in 2020?

Year Jan Oct
2017 2.196 2.335
2018 2.413 2.659
2019 1.958 2.502
2020 2.460 2.035

Why is gas so expensive right now in Ohio?

The AAA says one of the primary reasons for more expensive gas prices this summer is high crude oil prices. AAA expects higher pump prices to be the norm throughout the summer. Related Stories: Gas prices in Ohio cheaper than the national average, AAA finds.

How much was a gallon of gas in November 2008?

Why was gasoline so expensive in 2008?

In June 2008 U.S. energy secretary Samuel Bodman said that insufficient oil production, not financial speculation, was driving rising crude prices. He said that oil production had not kept pace with growing demand.

What was the price of milk in 2008?

Milk Prices By Year And Adjusted For Inflation

Year Average Milk Price by Year* Milk Prices Adjusted for Inflation In 2020 Dollars
2007 $3.50 $3.63
2008 $3.80 $3.71
2009 $3.11 $3.61
2010 $3.26 $3.62