Average Gas Prices by Year

Average Gas Prices by Year

24 October 2022•

Since the 1979 oil crisis, where the price of a gallon of gas went over $1.00 for the first time, the price of gas has never fully recovered. In more recent decades, oil prices have more than tripled to reach over $3.50/gallon, hurting household finances and the economy at large.

Author

Lucidity Insights Research Team profile photo

We are a team of passionate Researchers, Data Junkies, and Story-Tellers that believe there is not enough quality business insights and compelling data analysis available in the marketplace, told in the formats users want. We want to give an insider's look into the industries, businesses and economies that are changing the world today, so our users can become inspired, empowered and equipped to run their businesses as best they can.

Register for our free weekly newsletter

Stay up to date with the latest news, special reports, videos, infobytes, and features on the region's most notable entrepreneurial ecosystems