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What was the average price of gasoline in 2016?

Writer Robert Bradley

$2.14 per gallon
U.S. regular retail gasoline prices averaged $2.14 per gallon (gal) in 2016, 29 cents/gal (12%) less than in 2015 and the lowest annual average price since 2004. Lower crude oil prices in 2015 were the main cause of lower gasoline prices.

What was the national gas price in 2014?

YearJanDec
20133.3913.357
20143.3922.632
20152

What was gas prices in Jan 2016?

Average U.S. Gas Prices Begin 2016 Under $2 per Gallon. (Washington – January 4, 2016) Gas prices rang in the New Year by reaching the lowest average price ($1.997) for the holiday since 2009.

What was the price of gas in 1960?

Supporting Information

YearGasoline Price (Current dollars/gallon)Gasoline Price (Constant 2011 dollars/gallon)
19600.311.86
19610.311.87
19620.311.83
19630.311.80

What was the price of gas in 1950?

Supporting Information

YearRetail Gasoline Price (Current dollars/gallon)Retail Gasoline Price (Constant 2015 dollars/gallon)
19470.231.97
19480.262.09
19490.272.17
19500.272.14

What was the price of gasoline in 2015?

The 2015 average is for January through June. Notes: Notes: Retail price includes Federal and State taxes. Price is for regular leaded gasoline until 1990 and for regular unleaded gasoline thereafter. Constant dollars calculated using the Gross Domestic Product Inflation Index.

When does the price of gas go up?

Import Gas Price Domestic Gas Price Nov ’14 to Mar’15 Sources of data considered for determination of domestic natural gas price Domestic Gas Price April – Sept 2015 Domestic Gas Price Notification Oct, 2015-March, 2016 Domestic Natural Gas Price April – September 2016 Gas Price Ceiling for period April – September 2016

What’s the average price of a gallon of gas?

Gasoline has always been subject to price swings but the degree of price volatility has increased since the mid-1970s. Between 1930 and 2015, the average price of regular gasoline has ranged from a low of $1.43 per gallon in 1998 to a high of $3.69 per gallon in 2012 when measured in constant 2015 dollars.

What was the average price of gas in 2012?

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. When was the last time gas was under $2 a gallon?