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In 2010, gas prices reached $2.79, about $3.82 in 2022 dollars. The next year in 2011, as America was digging itself out of the worst economic catastrophe since the Great Recession, gas soared to ...
Gas prices hit $3.79 a gallon the week of September 29, 2022, up from $3.73 on September 23, 2022 — an increase of $0.06 per gallon over the last week. [14] Since October 10, 2022, the price of gasoline has gone down again. Gas prices dropped down to $3.64 a gallon by November 28, 2022, down from $3.76 the week before – a decrease of $0.11 ...
The current drop in gas prices continues to be the fastest decline in over a decade. 83 cents down and counting since mid-June. — President Biden (@POTUS) August 2, 2022
On October 31, the average price of gas reached $3 and was expected to go below that figure for the first time since December 2010. Demand for oil was down and there were many new sources. United States oil production was up 70% since 2008, and Iraq and Canada were producing more. [ 26 ]
Gas prices may refer to: Gasoline and diesel usage and pricing; Natural gas prices This page was last edited on 26 September 2023, at 18:25 (UTC). Text is available ...
Most of the media coverage about gas prices lately is focused on the fact that they've fallen from a national average of $3.98 to $3.58 in about two months according to the AAA Daily Fuel Gauge.
Price of a gallon of gas: $3.27 In 2022 dollars: $4.30 This article originally appeared on GOBankingRates.com : Rising Gas Prices: How Inflation Has Impacted Gas Prices Over the Years
By 2008, exports of everything but oil "collapsed" [16] and, in 2012, the World Bank explained that Venezuela's economy is "extremely vulnerable" to changes in oil prices since in 2012. "96% of the country's exports and nearly half of its fiscal revenue" relied on oil production. [19]