What was the price of gasoline in 2009?
Table of Contents
What was the price of gasoline in 2009?
Supporting Information
| Year | Retail Gasoline Price (Current dollars/gallon) | Retail Gasoline Price (Constant 2015 dollars/gallon) |
|---|---|---|
| 2007 | 2.80 | 3.16 |
| 2008 | 3.27 | 3.61 |
| 2009 | 2.35 | 2.58 |
| 2010 | 2.79 | 3.02 |
What was the price of unleaded gas in 2008?
Dec. 31, 2008—Crude oil prices plummet below $37 a barrel while the U.S. average price for a gallon of regular unleaded gasoline falls to an amazing 5-year low of $1.61.
Did gas prices go up in 2009?
WASHINGTON (Reuters) – The average price U.S. consumers paid to fill up at the gasoline pump hit a high for 2009, the Energy Department said on Monday.
What was gas prices on January 2009?
The national gasoline average is now about a $1.14 below the price this time last year….
| Regular gasoline/gallon | $1.84 | ↓ .01 |
|---|---|---|
| Diesel fuel/gallon | $2.27 | ↓ .03 |
What was the highest gas prices in 2009?
Gas prices have fallen for 26 days in a row after climbing to $2.693, the highest level of 2009, on June 21.
Why did gas prices spike in 2009?
Surging demand from developing economies, stagnant production, financial speculation, and tension in the Middle East caused oil and gas prices to steadily climb over the 2000s.
What’s the highest gas prices have ever been?
With little end in sight to the ongoing energy crisis, it seems to be only a matter of time before the historical record for a gallon in the US is beaten: in July 2008 the price of gas hit $4.14 per gallon, which when adjusted for inflation would be around $5.37 in today’s dollars.
What caused high gas prices in 2011?
On March 7, 2011, the average price of gas having reached $3.57, individuals were making changes in their driving. The weakened U.S. Dollar resulted in a spike to $112/barrel with the national average of $3.74/gallon – with expectations of damaging the U.S. economy suggestive of a long-term recession.
What was highest gas price in 2007?
$3.35 a gallon
At $3.35 a gallon, San Francisco had the highest average price for self-serve regular unleaded gas in the U.S., while the lowest price was $2.71 a gallon in Tulsa, Oklahoma.
