What was the average gas price in 2017?



$2.41 per gallon$2.41 per gallon (gal) in 2017, 27 cents/gal (13%) higher than in 2016, but two cents/gal less than in 2015. Higher crude oil prices in 2017 contributed to higher gasoline prices.

What were the highest gas prices in 2017?

WASHINGTON, D.C. — The national average price for a gallon of regular gasoline has reached its highest point in 2017, averaging $2.39 as of April 10.

What was the average gas price in the United States in 2018?

The national average for a gallon of regular gasoline on Aug. 7, 2018, was $2.86. See the map and table below for further information on the average price of a gallon of regular gasoline in the states.

What was the lowest gas prices in 2017?





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.



Average Gas Prices by Year.

Year Average Price of Gas
2014 $3.37
2015 $2.45
2016 $2.14
2017 $2.52

What was the price of gas in 2019?

U.S. average regular gasoline and diesel prices increase



On July 10, 2019, it was noted that, “The U.S. average regular gasoline retail price rose 3 cents from the previous week to $2.74 per gallon, almost 11 cents lower the same time last year.

What was the highest gas price between 2016 and 2020?

U.S. gas price since 1978

  • 2015: $2.51 ($3.09 inflation-adjusted)
  • 2016: $2.20 ($2.67 inflation-adjusted)
  • 2017: $2.47 ($2.92 inflation-adjusted)
  • 2018: $2.79 ($3.24 inflation-adjusted)
  • 2019: $2.70 ($3.08 inflation-adjusted)
  • 2020: $2.24 ($2.50 inflation-adjusted)
  • 2021: $3.13 ($3.44 inflation-adjusted)

Why were gas prices so high in 2008?

At the same time, unemployment rose as companies reduced output since aggregate demand was falling. As a result, less energy was consumed and the demand for oil and gas fell in turn, putting additional pressure on its price.

What year was gas prices the highest?





American drivers had it rough back in 1981. The average price of gasoline spiked to $1.353 a gallon that year — up from $1.221 in 1980 and more than double the price just three years earlier.

When was gas 69 cents a gallon?

The national average price for gas is just over $5 per gallon while the average price for California drivers has soared to $6.43 per gallon, according to AAA. The last time drivers were able to purchase gas for 69 cents was in 1978, according to KOVR.

What were gas prices in 2008?

In July of 2008, U.S. oil prices hit $145 per barrel and gas prices peaked at $4.16, according to government data. With average gas prices now around $4.19, we seem to have set a new record high.

What was the average US gas price in 2020?

$2.17 per gallon

U.S. regular retail gasoline prices averaged $2.17 per gallon (gal) in 2020, 44 cents/gal (17%) lower than in 2019 and the lowest annual average since 2016.



How much did gas cost in 2008?

about $3.50 per gallon

What Was The Price of Gas in 2008? In 2008, the average price of gas was about $3.50 per gallon. Although this price is much higher than the current average price of gas, it is significantly lower than prices in previous years.

What’s the highest gas price in USA?

Data as of June 30, 2022. Western and Pacific states face the most costly gas in the nation, as the five states with the highest prices are California, Hawaii ($5.60), Alaska ($5.57), Nevada ($5.57) and Oregon ($5.49).

What did gas cost in 2000?

Supporting Information

Year Retail Gasoline Price (Current dollars/gallon) Retail Gasoline Price (Constant 2015 dollars/gallon)
2000 1.51 2.02
2001 1.46 1.91
2002 1.36 1.75
2003 1.59 2.01

What is the highest gas price in the world?

The price per gallon in U.S. dollars in that country currently stands at $11.35, according to globalpetrolprices.com, which tracks average prices around the world. Hong Kong holds the dubious honor of having the world’s most expensive gas at the moment.



What year was gas prices the highest?

American drivers had it rough back in 1981. The average price of gasoline spiked to $1.353 a gallon that year — up from $1.221 in 1980 and more than double the price just three years earlier.

Why was gas so cheap in 2017?

Hurricane Harvey (2017).



Three significant storms battered the United States in 2017, but Hurricane Harvey had the most significant effect on gas prices. The storm hit the Gulf Coast and reduced U.S. refining capacity by 34%.

What was the highest gas price ever?

Prior to 2022, the highest ever average recorded by AAA was $4.114 per gallon in July 2008. Average U.S. gas prices soared to a record high of $4.33 in March shortly after Russia invaded Ukraine, which caused crude oil prices to surge and threatened global supply.

Why were gas prices so high in 2008?

At the same time, unemployment rose as companies reduced output since aggregate demand was falling. As a result, less energy was consumed and the demand for oil and gas fell in turn, putting additional pressure on its price.

Was gas over $4 a gallon in 2008?

On Tuesday, the price of a gallon of regular gasoline broke a 14-year record in the U.S., according to the American Automobile Association (AAA), as the national average gas price soared past its previous peak of $4.144 per gallon, set in July 2008, and continued rising to hit $4.318 per gallon on Thursday.



Why was gas so high in 2012?

Gasoline prices in 2012 reached record highs partly as a result of unanticipated production disruptions from refinery fires, pipeline closures and major hurricanes. Oil prices also were higher as a result of tensions in the Middle East including new sanctions on Iran.