Table of Contents
How much was a gallon of gas in 2008?
Supporting Information
| Year | Retail Gasoline Price (Current dollars/gallon) | Retail Gasoline Price (Constant 2015 dollars/gallon) |
|---|---|---|
| 2008 | 3.27 | 3.61 |
| 2009 | 2.35 | 2.58 |
| 2010 | 2.79 | 3.02 |
| 2011 | 3.53 | 3.75 |
What was the price of regular gas in 2008?
The U.S. average price for regular gasoline climbs to an all-time high of $4.11 per gallon.
Why did gas cost so much 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 has been the highest gas price in PA?
highest recorded average price
| Price | Date | |
|---|---|---|
| Regular Unleaded | $4.015 | 7/16/08 |
| Diesel | $4.983 | 5/29/08 |
How much was gas in November 2008?
The national gasoline average is now 88.7 cents below the price this time last year….
| Regular gasoline/gallon | $2.22 | ↓ .18 |
|---|---|---|
| Diesel fuel/gallon | $2.94 | ↓ .14 |
What was the price of gas in December 2008?
| Regular gasoline/gallon | $1.61 | ↓ .04 |
|---|---|---|
| Diesel fuel/gallon | $2.33 | ↓ .04 |
Why was gas $4 a gallon in 2008?
The main reason for the price hike was record highs in crude oil prices, Lundberg said. The area with the highest average gas prices was Stockton, Calif., which posted $4.41 per gallon.
When was the last time gas was $3 a gallon in PA?
Pennsylvania drivers last paid $3 a gallon for gas on May 24, 2019. The state’s highest gas average in 2020 was $2.85. The last time the national gas price average was at $3 was Oct. 31, 2014.
When was last time gas was $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.
What were gas prices January 2008?
Regular Retail Gasoline, Average $US Price per Gallon
| Year | Jan | Year Average |
|---|---|---|
| 2009 | $1.98 | $2.68 |
| 2008 | $3.23 | $3.52 |
| 2007 | $2.54 | $3.05 |
| Year | Jan | Year Average |
How much did a gallon of milk cost in 2008?
Milk Prices By Year And Adjusted For Inflation
| Year | Average Milk Price by Year* | Milk Prices Adjusted for Inflation In 2020 Dollars |
|---|---|---|
| 2007 | $3.50 | $3.63 |
| 2008 | $3.80 | $3.71 |
| 2009 | $3.11 | $3.61 |
| 2010 | $3.26 | $3.62 |