Why was gas expensive in 2012?

Why was gas expensive in 2012?

The nationwide average price for a gallon of regular gas hit $3.60 in 2012, according to AAA. AAA blamed hurricanes, refinery outages and tensions in the Middle East for the high prices. The third most expensive year on record was 2008, when prices averaged $3.25 a gallon.

Why was gas so high 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.

What was the price of diesel in 2013?

Petrol price on Sunday touched a record high of Rs 76.24 per litre and diesel climbed to its highest ever level of Rs 67.57 as the oil PSUs passed on four weeks of relentless rise in international oil prices to consumers.

What was the average price of gas in 2012?

Supporting Information

Year Retail Gasoline Price (Current dollars/gallon) Retail Gasoline Price (Constant 2015 dollars/gallon)
2011 3.53 3.75
2012 3.64 3.80
2013 3.53 3.62
2014 3.37 3.40

What was the price of milk in 2011?

In 2011, the average retail price of milk hit $3.57 per gallon, while farmers were getting only about half that amount at $1.73 per gallon.

How much does gasoline cost in the US?

Gasoline prices in selected countries worldwide in 4th quarter of 2018 (in U.S. dollars per gallon) The statistic represents gasoline prices around the world during the fourth quarter of 2018. At 5.95 U.S. dollars per gallon, gas prices in Germany were lower than in Norway, but considerably higher than in the United States.

Where are the highest gas prices in the world?

Gas prices in Europe are counted among the highest worldwide. At six U.S. dollars per gallon or more, gasoline is particularly expensive in Italy, the Netherlands, and Norway. While a surge in fuel prices has sparked protests among parts of the French population, car drivers in India and Pakistan feel the most pain at the pump.

How much does a gallon of gas cost in Germany?

At 5.95 U.S. dollars per gallon, gas prices in Germany were lower than in Norway, but considerably higher than in the United States. Gas prices in selected countries worldwide. Fuel prices in different countries range from a few cents to around seven U.S. dollars per gallon.

How many countries does global petrol prices track?

We track the retail prices of motor fuel, electricity, and natural gas in over 150 countries. Each data point is collected and cross-checked by our staff using multiple sources and without automation.