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The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon. The highest recorded average price of regular gas was in June 2022 at $5.06 per gallon.
The national average for gas prices is $3.54 per gallon as of March 2024, but the final price you pay might be drastically higher — or lower — depending on the state that you live in.For ...
A viral post shared on Facebook claims gas prices have dropped by an average of $4.00 across “red states” in the U.S. Verdict: False The claim is false and originally stems from a Nov. 7 ...
This includes the resources it takes for exploration, to remove it from the ground, and transport it. Between 2004 and 2008, there was an increase in fuel costs due in large part to a worldwide increase in demand for crude oil. Prices leapt from $35 to $140 per barrel ($220 to $880/m 3), causing a corresponding increase in gas prices. [15]
Gasoline prices in Connecticut continue to skyrocket, with the average cost in the state surging to $4.89 per gallon, up from $4.65 a week ago and $4.20 a month ago, according to AAA.
All data August 2014 from the Department of Energy, e85prices.com, [2] and E85refueling.com. [3] [4] [5] Links go to each state's list of stations; see notes below for caveats.
The price of gasoline in the U.S. is shaped by a variety of factors, including the cost of crude oil, distribution and marketing costs, profits and taxes. These are big picture issues that are well...
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