What year was gas 83 a gallon?
What year was gas 83 a gallon?
The effect of the U.S. embargo of Iranian oil can be seen in the early 1980’s with the price of gasoline peaking in 1982….Supporting Information.
| Year | Retail Gasoline Price (Current dollars/gallon) | Retail Gasoline Price (Constant 2015 dollars/gallon) |
|---|---|---|
| 1981 | 1.19 | 2.61 |
| 1982 | 1.31 | 2.71 |
| 1983 | 1.22 | 2.43 |
| 1984 | 1.16 | 2.22 |
When was gas over 4 gallons?
The United States saw increased volatility during the global economic slowdown and subsequent recovery between 2008 and 2011. U.S. gasoline prices peaked at 3.62 U.S. dollars per gallon in 2012.
How much was gas in 1990?
Supporting Information
| Year | Retail Gasoline Price (Current dollars/gallon) | Retail Gasoline Price (Constant 2015 dollars/gallon) |
|---|---|---|
| 1988 | 0.90 | 1.59 |
| 1989 | 1.00 | 1.70 |
| 1990 | 1.15 | 1.89 |
| 1991 | 1.14 | 1.81 |
Why was gas so expensive 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.
When was gas 88 cents a gallon?
In 1958, it cost 29 cents. In 1988, 83 cents.
How much was gas a gallon in 1980?
Supporting Information
| Year | Retail Gasoline Price (Current dollars/gallon) | Retail Gasoline Price (Constant 2015 dollars/gallon) |
|---|---|---|
| 1980 | 1.19 | 2.95 |
| 1981 | 1.31 | 2.97 |
| 1982 | 1.22 | 2.60 |
| 1983 | 1.16 | 2.37 |
When was the last time gas was over $3 a gallon?
The national average price of regular gasoline is just slightly over $3 a gallon on Wednesday, according to data from the American Automobile Association. The last time average prices were at these levels was in November 2014.
How much did a gallon of gas cost in 1991?
In the year 1991, the average retail price of gas was $1.14. This is equivalent to $2.22 in 2021 dollars.
What was the highest gas price ever recorded?
Gas price record, one year later. Friday marks the one-year anniversary of $4.114 a gallon gas, the highest price ever recorded by AAA. Prices at the pump can vary widely among states due to a number of factors.
When was gas prices the highest?
According the US Energy Information Administration (EIA) the highest price of gas in the US was reached during the week of July 7th 2008 at $4.11 per gallon for regular grade fuel (note this is a weekly average price). The US approached that price this spring when it reached $3.96 the week of May 9th.
What was the price of gas in the 90s?
In the year 1990, the average retail price of gas in the U.S. was $1.15. This is equivalent to $2.29 in 2019 dollars. Inflation Calculator.