What was the price of gas in December 2008?

Regular gasoline/gallon$1.61↓ .04
Diesel fuel/gallon$2.33↓ .04

What were gas prices at the end of 2008?

Supporting Information

YearRetail Gasoline Price (Current dollars/gallon)Retail Gasoline Price (Constant 2015 dollars/gallon)
20072.803.07
20083.273.51
20092.352.50
20102.792.94

How much did a new car cost in 2008?

Back in 2008, the average base manufacturer suggested retail price (MSRP) for a car was $23,900 with consumers choosing to add around $6,500 in options and trim levels, bringing the car’s overall price to $30,400.

What was the average price of gas in 1980?

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? 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.

What was the price of oil in 2008?

Crude oil collapses to $40 a barrel, becoming the lowest price in almost 4 years. Dec. 19, 2008 —After weeks of negotiation, Bush approves the emergency bailout of the U.S. auto industries big three, giving them $17.4 billion in rescue loans. Treehugger questions whether the government is doing the right thing.

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?

When did gas prices go up to$ 3 a gallon?

April 21, 2008 —Gasoline prices jump to a record $3.50 a gallon in some parts of the U.S. May 15, 2008 — While many people were shocked at $3 a gallon, they were not prepared for what was about to happen as prices shot up to nearly $4 a gallon. Public hysteria sets in as consumers begin using Gas Buddy to find the lowest gas prices in town.

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