What was the price of gasoline in 2009?
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 were 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.
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 were gas prices in January 2009?
On average, gasoline prices rose around 6 cents. The national gasoline average is now about a $1.17 below the price this time last year….
| Regular gasoline/gallon | $1.85 | ↑ .06 |
|---|---|---|
| Diesel fuel/gallon | $2.30 | ↓ .02 |
What year was gas the highest?
Average Gas Prices by Year 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.
Why were gas prices high 2008?
The spike in oil prices in July 2008 came at the tail end of a decade-long energy crisis. 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 caused the gas shortage in 2008?
New inflation-adjusted peaks High oil prices and economic weakness contributed to a demand contraction in 2007–2008. In the United States, gasoline consumption declined by 0.4% in 2007, then fell by 0.5% in the first two months of 2008 alone.
