- What is the highest gas price ever?
- How much is fuel price in Nigeria today?
- How much is American gas?
- What year was gas the cheapest?
- Why were gas prices so high in 2008?
What is the highest gas price ever?
(WJW) — The US average price of gas has officially broken the record set back in the summer of 2008 when it rose to $4.11. It now stands as the highest average gas price in US history at $4.17.
How much is fuel price in Nigeria today?
Presently, the official pump price of petrol (PMS) in Nigeria is N165. However, going by current market data, the commodity presently goes for prices ranging from N165 to N170. The over-the-country average price of petrol is presently N167. 50 per litre.
How much is American gas?
The nationwide average for regular gas is now $4.32 a gallon, according to AAA.
What year was gas the cheapest?
Gas prices fell substantially from 1997 to 1998, dropping from an average of $1.23 per gallon to just $1.06 per gallon, the lowest since the government began tracking gasoline prices.
Why were gas prices so high in 2008?
In June 2008 U.S. energy secretary Samuel Bodman said that insufficient oil production, not financial speculation, was driving rising crude prices. He said that oil production had not kept pace with growing demand.