Who controls gas prices?

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Many entities control gas prices. When the U.S. government places tax on gas that is a price control. When the U.S. government keeps oil companies from drilling and building refineries, or making the cost exorbitant, that affects gas prices. When the Middle East countries cut back the amount of oil they drill for, that causes gas prices to rise. The evrironmentalists, putting heavy regulations on gasoline raises gas prices.

These are just a few that affect the price of gas.

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Does the government control gas prices?

So government can't control prices or wages.It can raise gasoline prices through import duties, environmental regulations, and various kinds of taxes.If a government has total control over exports, it can control gasoline prices in OTHER countries by controlling how much oil it allows to be expor...

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Who controls oil prices in the world?

OPEC controls oil prices through its pricing-over-volume strategy.According to Foreign Affairs magazine, the oil embargo shifted the structure of the oil market from a buyer's to a seller's market.

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Who has the cheapest gas prices in the world?

The 10 Countries with the Cheapest Gas Prices Venezuela. Venezuela, while overall a rather impoverished nation, is rich in oil reserves and fossil fuels, and uses that particular wealth to provide their people with virtually free gasoline. Saudi Arabia. Kuwait. Egypt. Iran. The United Ar...

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Gas prices in 2003?

Gas prices have a tendency to fluctuate. In 2003 the average gas price for the United States was $1.72, at this time that was considered as an all time high.

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Gas Prices 1992?

In 1992 gas prices are just $1.19 to $1.30

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Price of gas 1971?

In 1971, a gallon of gasoline had a average cost of 36 cents. Adjusted for inflation, that would work out to be about $1.98 in 2011

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Price of gas 1996?

1996-----$1.321997-----$1.321998-----$1.201999-----$1.282000-----$1.662001-----$1.55

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What is gas limit and gas price?

The Gas Limit is the maximum amount of Gas that a user is willing to pay for performing this action or confirming a transaction (a minimum of 21,000).The price of Gas (Gas Price) is the amount of Gwei that the user is willing to spend on each unit of Gas.The sender sets a limit and a gas price fo...

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Gas prices in 1951?

Overtime prices have inflated significantly. Today gas is nearly $4-$5 a gallon, in 1951 it was only 20 cents for a gallon.

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Gas prices 2001?

The prices range from $1.31 to $1.93.

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Gas price 2007?

The average gas price was $2.7878 in the U.S. during 2007. The highest average of $3.35 was recorded in San Fransisco, California. The lowest average was recorded $2.71 in Tulsa, Oklahoma.Credit: Reuters

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1996 gas prices?

2.39 per gallon by Dantra Jackson in Bossier City Lahe is gay yup he sux dicks

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Gas price 1972?

In 1972 while living in Indiana I paid .35/gal for Regular. Note that this was leaded gasoline.

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Gas prices in 1992?

www.economagic.com/em-cgi/data.exe/doewkly/day-mg_rco_us - 68k

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Who controls the DMV?

In the United States, a department of motor vehicles (DMV) is a state-level government agency that administers vehicle registration and driver licensing.

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Does cruise control save gas?

Usually yes, 'cause it does not kickdown each time speeding up and usually it's programmed to drive economically on low rpm

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How does price of oil affect gas prices?

How Crude Oil Prices Affect Gas Prices.Crude oil prices make up 71 percent of the price of gasoline.These costs remain stable, so that the daily change in the price of gasoline accurately reflects oil price fluctuations.

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Price of gas in 1971?

the rice of gas in 1971 was about 10- 90 cents aprox.

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Price of gas in 1996?

In yakima, WA .99/ gallon

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Why are gas prices falling?

Most of the decline is because of falling oil prices, in part thanks to booming US oil production.Once the summer driving season ends, demand for gas falls, pushing down prices.So does a switch away from the more expensive blend of gasoline required in the summer months to control smog.

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Are gas prices going up?

Yes, even though there is still a lot of oil, production and refining capacity is limited (or artificially restricted), and demand is up both in the US and worldwide. So the price of oil, and the gasoline made from it, is likely to continue to increase.An increase in production could drop prices ...

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Average gas prices in 2001?

I am guessing around a $1.40 per gallon. I'm sure if you Bing it you can find the correct answer(s) but there'll be so many averages for 2001 that $1.40 suits me fine.

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Price of gas in 1989?

In 1989, the US national average price of a gallon of regular unleaded gasoline was $1.02 - equivalent to about $1.79 per gallon in 2010.

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Price of gas in 1981?

Around $1.40 in the 80's

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What are current gas prices?

This site does not contain commodity quotes.However, statistics of prices related to petroleum is published by the Energy Institute of America - and can be downloaded from their site for further analysis and study.The EIA site is very informative and comes highly recommended.

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Average price of gas 1980?

In 1980, the US national average price of a gallon of regular unleaded gasoline was very high for the times: $1.25 - equivalent to about $3.31 per gallon in 2010.

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How can you control gas in business?

There is over the counter medicine for that condition.

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Does cruise control use more gas?

Generally no, cruise control does a better job of maintaining a constant speed than you could ever do, and that's what saves gas.The one exception is rolling hills: it is more fuel efficient to let your speed drop on the uphill and recover on the downhill, accelerating with the help of gravity.

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Does a gas pump control fumes?

no the fuel pump it self does not control emissions

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What are the gas prices in Denver?

As of May 15,2008 gas prices are around $3.63-3.69,but prices keep rising and are bound to change,usually vary now by the day...

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What were gas prices in 1960?

I believe around 10-30 cents

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What was gas prices in 1970?

In 1970, the US national average price of a gallon of regular gasoline was 36 cents. That is equal to about $2.02 per gallon in 2010 dollars.

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What were gas prices in February 2007?

It was $2.32 in Lansing, Michigan in Feb. 2007 http://lansinggasprices.com/retail_price_chart.aspx

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How can you lower gas prices?

If in the UK, go to the cheapest supplier.Then reduce the cost by getting shopping on-line through the clubhouse or using company discount card.A percentage is then taken off the gas bill each month.Hostile takeover of OPEC would work, too.

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Why is gas priced at 9 10ths?

I've always assumed that it was due to some weird federal tax. But the truth is, nobody knows for sure. Theories abound, but none are definitive. The Mail Tribune newspaper in Medford, Oregon, quotes Craig Randolph, an oil company's V.P. of retail operations. He says the nine-tenths of a cent is ...

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Is obama going to change gas prices?

We don't know yet for sure but his energy advisor, Steven Chu, has said numerous times that gas prices should be increased to help "curb global warming".In the summer of 2008, Chu stated that we needed to raise the tax on gas to get it to be the price of gas in Europe to make people drive less. T...

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What was gas prices in 1948?

One gallon of gas cost 16 cents.

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What were gas prices in 1977?

.62 cents for regular gas in 1977

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How much was gas prices in 1997?

On April 7, 1997, a gallon of regular gasoline on average cost roughly $1.19.At the end of the month, the same gallon cost about $1.18.

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What was the highest price of gas?

Here are the 10 most expensive states to fill up (as of Thursday), according to AAA: California: $4.03.Hawaii: $3.65.Washington state: $3.55.Nevada: $3.48.Alaska: $3.47.Oregon: $3.43.Idaho: $3.20.Utah: $3.19.

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What were gas prices in 1997?

On April 7, 1997, a gallon of regular gasoline on average cost roughly $1.19.At the end of the month, the same gallon cost about $1.18.

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Why do gas prices have fractions?

The federal gas tax is still a fraction.Currently, it's 18.4 cents per gallon.One reason fractional pricing hasn't gone away is because of a technique from marketing 101.Goods priced slightly less than a whole number appear less expensive.

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Why are gas prices listed in tenths?

Why Gas Is Priced in Tenths of Cents.The practice of pricing fuel with a fraction of a penny is thought to have started around the 1930s.The tax was supposed to expire in 1934, but, as so often happens, Congress voted to extend the tax and raise it by half a cent instead.The tax now sat at $0.015...

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What country has the highest gas prices?

ON March 18th (today) 2008, My father paid $5.02 per gallon for Premium in San Francisco. He called me ans said "Son this country is in serious trouble; If you thought 2008 is bad wait until after the election when they raise taxes". Some gas prices in Germany are over $7.65

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What is the gas prices in 1998?

well where we lived it was a $1.50

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What was the gas price in 1923?

.20 to .25 cents a gallon

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What were the gas prices for 1979?

$0.75 to $1.30 on average

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What was the gas price in 1970?

Perspective DateNominal PriceInflation Adjusted Gas Price1969$0.35$2.261970$0.36$2.191971$0.36$2.101972$0.36$2.0494 more rows

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When were gas prices at their highest?

None of those figures come close to the highest recorded daily average of $4.11 in July 2008.The highest recorded yearly average, $3.60, occurred in 2012.The typical American family will spend $1,991 on gas in 2019 – $25 less than the previous year, according to GasBuddy.

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Why are natural gas prices so low?

Natural gas prices are a function of market supply and demand.Increases in natural gas supply generally result in lower natural gas prices, and decreases in supply tend to lead to higher prices.Increases in demand generally lead to higher prices, and decreases in demand tend to lead to lower prices.

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What was gas prices in 2006?

The Price of Life in the United States: 1946 vs. 2006 Item19462006One-Year Tuition at Harvard$420$30,275Movie Ticket$0.55$6.04Gallon of Gasoline$0.21$3.03Gallon of Milk$0.67$3.2311 more rows

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When was gas at its highest price?

None of those figures come close to the highest recorded daily average of $4.11 in July 2008.The highest recorded yearly average, $3.60, occurred in 2012.The typical American family will spend $1,991 on gas in 2019 – $25 less than the previous year, according to GasBuddy.

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What were gas prices in 2006?

The Price of Life in the United States: 1946 vs. 2006 Item19462006One-Year Tuition at Harvard$420$30,275Movie Ticket$0.55$6.04Gallon of Gasoline$0.21$3.03Gallon of Milk$0.67$3.2311 more rows

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What were the gas prices in 1994?

Prices Cost of a new home:$154,500.00Cost of a first-class stamp:$0.29Cost of a gallon of regular gas:$1.11Cost of a dozen eggs:$0.87Cost of a gallon of Milk:$2.882 more rows

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What is the gas price in London?

Company Matches NationCityPrice in USD Regular/GallonUnited KingdomLondon$5.79GermanyFrankfurt$5.57FranceParis$5.54PortugalLisbon$5.3532 more rows

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Do gas prices reflect the economy?

At the individual level, higher gas prices mean that each of us will pay more at the gas pump, leaving less to spend on other goods and services.But higher gas prices affect more than just the cost to fill up at the gas station; higher gas prices have an effect on the broader economy.

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Who controls the oil in the world?

Saudi Arabia - Opec: 12 oil barons who control the world's energy supply.Ali bin Ibrahim al-Naimi, Saudi Arabia's Minister of Petroleum & Natural Resources, is the most powerful voice within Opec.

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What was the gas price in 1998?

The US national average retail gasoline price that year was $1.06 per gallon.

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Why should gas prices go down?

because they should and well when we buy fuel from the north east we the people pay more for the fuel than the government does give us a break were only American

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What are facts about gas prices?

The main fact about gas prices is that if they rise, so does the cost of everything else. All producers of goods must transport raw materials to the place they're turned into products; all installations (even if it's a home business) use energy to produce products; all products must be transporte...

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What was the gas prices in 1999?

Around 1.10-1.17Source : http://www.stretcher.com/stories/99/991025l.cfm

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How much is Costco gas prices?

Usaully .08 to .10 cents cheaper than the nearest station You can pay 1940's prices for gas if you believe those commenting on a youtube video search -- ".06 per gallon impossible no"

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Will gas prices go down ever?

not likely. It is a valuable commodity and the major oil companies are manipulating the market making billions in profit. Plus the USA is significantly reluctant to become independent in oil resources. I agree,its not likely. "I doubt we'll ever see 32 cent gas ever again," my mom said. But now 2...

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What was the gas prices in 1992?

In 1992, the US national average price of a gallon of regular gasoline was $1.13 - equivalent to about $1.76 per gallon in 2010.

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What is the gas price in 1930?

Around .20 cents per gallon in the U.S.

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What makes gas prices go down?

Oil prices are dropping Various global factors are driving down the price of oil.Gasoline has gotten cheaper thanks to a dip in prices for its raw material, crude oil.The cost of crude recently hit its lowest level in six months, and prices are down more than 20% from April.Gas prices, too.

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Why did gas prices go up 2019?

Why Are Gas Prices Rising? There is no one single explanation for why gas prices increase — right now, or in general.The biggest reason that consumer gas prices rise or fall is that they are tied to the costs of wholesale oil, which is refined and turned into the gasoline drivers pump into their ...

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Why are gas prices rising in 2019?

Why Are Gas Prices Rising? There is no one single explanation for why gas prices increase — right now, or in general.The biggest reason that consumer gas prices rise or fall is that they are tied to the costs of wholesale oil, which is refined and turned into the gasoline drivers pump into their ...

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What was the cheapest gas price ever?

Perspective DateNominal PriceInflation Adjusted Gas Price1929$0.21$2.901930$0.20$2.831931$0.17$2.651932$0.18$3.1194 more rows

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What the price of gas in 1964?

In 1964, the US national average price of a gallon of regular gasoline was 30 cents - equivalent to about $2.11 per gallon in 2010.

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When will gas prices start going down?

only time gas prices will go down, is when people stop buying gas, causing the oil companies,loss of revenue. could also go down if the usa oil companies stopped selling American oil to japan and china ,then we would not need to import oil from OPECgas prices will never go down!!!!!!!!!!!!!!!!!!!...

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What were gas prices in May 2007?

In May 2007, the US national average price of a gallon of regular gasoline was $3.13 - equivalent to about $3.29 per gallon in 2010.

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What were gas prices in 1984?

In 1984, the US national average price of a gallon of regular unleaded gasoline was $1.21 - equivalent to about $2.54 per gallon in 2010.

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What was the gas price in 2003?

The average was $1.72.

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What were gas prices in 2008?

The 2008 gas crisis hit its peak one month later with prices averaging $4.11 per gallon.By August, the cost fell to $3.74 and continued to fall until the price averaged $2.07 just after Election Day in November, when Mr.Obama was elected president.

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What causes gas prices to go down?

Gasoline prices tend to increase when the available supply of gasoline decreases relative to real or expected gasoline demand or consumption.Even when crude oil prices are stable, gasoline prices fluctuate because of seasonal changes in demand and in gasoline specifications.

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What were gas prices in 1999?

Supporting Information YearRetail Gasoline Price (Current dollars/gallon)Retail Gasoline Price (Constant 2015 dollars/gallon)19981.061.4719991.171.6020001.512.0220011.461.9184 more rows • Mar 7, 2016

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Why did natural gas prices drop?

Natural gas prices are a function of market supply and demand.Increases in natural gas supply generally result in lower natural gas prices, and decreases in supply tend to lead to higher prices.Increases in demand generally lead to higher prices, and decreases in demand tend to lead to lower prices.

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Why did the gas prices rise?

As the natural resources are getting over from time to time,the govts. of the countries are trying to save them more and more.............as a result the non-renewable natural resources have a increase in their prices..........Some of the blame can be put on the big oil companies - the same ones ...

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What were US Gas prices in 1952?

In 1952, the US national average for a gallon of regular gasoline was 27 cents - the equivalent of about $2.22 per gallon in 2010.

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Why are gas prices going up everyday?

Because oil prices are going up so gas companies have to raise their prices so they can make a profit and not go bankrupt.

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What was the gas price in 1990?

Chevron Station in San Bernardino, CAlif. it was $ 1.89 for regular unleaded gas.

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Why are the gas prices growing?

the reason the price of gas is going up is because the price of oil is rising because it now costs more to mine the oil and the oil is running out around the world

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Will gas prices keep going up?

It will keep going up because of supply and demand. Low gas, everybody wants it. We are running out because it is not a natural resource. Why do you think they made electric powered cars? Why do you think they are so expensive?

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Why gas prices changed over the years?

because of the econonmy

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What is the highest gas price ever?

The highest prices ever for unleaded gasoline were in the summer of 2008, with national prices for unleaded averaging $4.11 per gallon.

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Will natural gas prices rise in 2019?

Based on this price movement and EIA's forecast of continued strong growth in natural gas production, EIA lowered its Henry Hub spot price forecast for the second half of 2019 to an average of $2.36/MMBtu.EIA expects natural gas prices in 2020 will increase to an average of $2.75/MMBtu.

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What were gas prices in 2015?

Gas Prices This Year Averaged About 94 Cents per Gallon Less than 2014.The national average price of gas in 2015 was $2.40 per gallon, which was the second cheapest annual average of the past ten years.Only 2009 was lower during that time.This year's annual average was about 94 cents per gallon l...

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What were gas prices in 2007?

The average annual price for U.S.gasoline was $2.7878 in 2007, up from 2006's $2.5730, according to the Lundberg survey of about 7,000 U.S.gas stations.

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What were gas prices in 1978?

In 1978, the average price of a gallon of regular unleaded gasoline in U.S.cities ranged from 65 cents to 71 cents.During 2013 (January through October), it ranged from $3.35 to $3.74—over 5 times higher than the 1978 prices.

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Who publishes the Classic Car Price Guide?

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How is the price of oil reflected in the price of gas?

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Does turning off traction control improve gas mileage?

Turning off traction control has no effect on fuel mileage.

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Who supplies sheetz gas?

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Who invented gas engine?

Jean Joseph Étienne Lenoir

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Who invented gas lighter?

andrew samuels invented it.he was the a very poor person who lived in africa

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Some gas powered remote control airplanes are suitable for six or seven year old children, however, many rc airplanes are advisable for ages eight and up.

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