Why was gas so expensive in 2006?
Why was gas so expensive in 2006?
There were increases in population and the number of average miles driven. Even with price increases, non-seasonal demand was also higher. So, that’s it. That’s why gas was $3 last year.
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 |
When were the highest gas prices?
According the US Energy Information Administration (EIA) the highest price of gas in the US was reached during the week of July 7th 2008 at $4.11 per gallon for regular grade fuel (note this is a weekly average price).
What is the average cost of gas?
The price of gas may go up or down, but it’s always a major expense for anyone who drives a car. The average American consumer spends about $3,000 per year for gas, according to the American Automobile Association. Some of the practical ways to reduce fuel cost are listed below.
How much does gasoline 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 United States.
What are the gas prices in the US?
National Gas Price Average Holds Steady. The national gas price average has held steady at $2.49 for nine straight days. Many motorists across the country are seeing more expensive gas prices at most six cents on the week, while prices are cheaper for a select few states: Indiana (-10 cents), Ohio (-7 cents), Michigan (-6 cents), Kentucky (-4 cents),…