Admin How much was gas a gallon in 2006?
Supporting Information
| Year | Retail Gasoline Price (Current dollars/gallon) | Retail Gasoline Price (Constant 2015 dollars/gallon) |
|---|---|---|
| 2005 | 2.30 | 2.66 |
| 2006 | 2.59 | 2.91 |
| 2007 | 2.80 | 3.07 |
| 2008 | 3.27 | 3.51 |
What was the average price of gas per gallon in the US in 2008?
$4.11 per gallon
July 7, 2008—Crude oil prices settled-in at a new record of $147 per barrel. The U.S. average price for regular gasoline climbs to an all-time high of $4.11 per gallon.
When was the highest gas prices in the United States?
On Thursday, the nation’s average price for regular gasoline stood at $3.388 a gallon, up 21 cents from last month and up nearly $1.25 from a year ago, GasBuddy data show. The highest recorded average for the U.S. as a whole was set on July 16, 2008 at $4.103.
How much was gas 2007?
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 |
Why was gas so high in 2008?
In June 2008 U.S. energy secretary Samuel Bodman said that insufficient oil production, not financial speculation, was driving rising crude prices. He said that oil production had not kept pace with growing demand.
How much was a gallon of milk in 2007?
Buying power of $5 since 1997
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2006 | $6.27 | -1.19% |
| 2007 | $7.01 | 11.68% |
| 2008 | $7.43 | 5.99% |
| 2009 | $6.45 | -13.15% |