Why was gas expensive in 2012?
The nationwide average price for a gallon of regular gas hit $3.60 in 2012, according to AAA. AAA blamed hurricanes, refinery outages and tensions in the Middle East for the high prices. The third most expensive year on record was 2008, when prices averaged $3.25 a gallon.
What was the national average of gas?
State Gas Price Averages
| State | Regular | Premium |
|---|---|---|
| California | $4.398 | $4.712 |
| Colorado | $3.618 | $4.246 |
| Connecticut | $3.177 | $3.695 |
| District of Columbia | $3.217 | $3.817 |
What was the price of gas in November 2012?
The national gasoline average is one cent above the price this time last year and about four cents below last week’s price….
| National regular gasoline prices | Price | Change from last week |
|---|---|---|
| Regular gasoline/gallon | $3.45 | ↓ .04 |
| Diesel fuel/gallon | $4.98 | ↓ .03 |
| Regional regular gasoline prices | ||
| East Coast | $3.49 | ↓ .04 |
What was highest gas prices ever?
The highest ever price for a gallon of regular gas was $4.11 in July of 2008, according to AAA. Around the country, Idaho has seen the biggest spike in fuel prices over the last week, with gas costs jumping 10 cents, according to AAA.
Why was gas so high in 2011?
The average price of gasoline in the United States increased 6 cents to $3.17. On March 1, 2011, a significant drop in Libyan production and fears of more instability in other countries pushed the price of oil over $100 a barrel in New York trading, while the average price of gas reached $3.37.
What city has the most expensive gas?
Schlafer’s Auto Body & Repair in Mendocino, Calif., has the most expensive gas in the country, according to GasBuddy. Mendocino is known for its Victorian architecture and striking setting on the bluffs of the Pacific Ocean in rural Northern California, 155 miles and three and a half hours north of San Francisco.
What was the average price of gas in 2012?
Gasoline prices averaged the highest ever in 2012, despite never topping the single day spikes seen in 2008. The nationwide average price for a gallon of regular gas hit $3.60 in 2012, according to AAA. That’s up 9 cents from the previous record high of $3.51 a gallon set in 2011.
When was the last time gas was less than$ 2?
The last time the average price of gas was less than $2 was 15 years ago, in 2004. The average price of gas then was $1.88. How much was gas in the 90s? The average price of gas in the 1990’s was just shy of $1.15. What are the top five states with the highest average gas prices today?
What was the highest price of gas in history?
What is the highest priced gas in history? 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.
What was the price of gas in 2008?
2008 was also the year gasoline hit its highest one-day price ever — $4.11 per gallon in July. At the time, a red-hot global economy and fears over dwindling supplies were some of the factors that sent both gas and oil prices to their highest level ever. Related: U.S. oil prices could sink to $50.