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Period: to
now lets look at gas prices from 1948 to 1992
This period of time includes the Gulf War and the recession that followed shortly after:*1984 - $2.03*1985 - $1.95*1986 - $1.47*1987 - $1.46*1988 - $1.41*1989 - $1.47*1990 - $1.61*1991 - $1.53*1992 - $1.47 -
Period: to
Gas prices
The big story during this period of time was the continued rise of countries such as China and India, which has resulted in an increased demand for oil, gas and other commodities.
STATEN ISLAND, N.Y. -- The lowest gas price on Staten Island over the last 24 hours is $3.99 for a gallon of regular unleaded.
That price can be found at the Delta Express station at 474 Vanderbilt Ave., Stapleton, according to the Web site New York City Gas Prices.
The same price can be found at the Costco station (m -
Period: to
gas prices
:all the gas prices from this time
*1949 - $1.85*1950 - $1.83*1951 - $1.73*1952 - $1.72*1953 - $1.78*1954 - $1.78*1955 - $1.75*1956 - $1.74*1957 - $1.75*1958 - $1.68*1959 - $1.66*1960 - $1.67*1961 - $1.64*1962 - $1.61*1963 - $1.58*1964 - $1.55*1965 - $1.57*1966 - $1.57*1967 - $1.57*1968 - $1.53*1969 - $1.51*1970 - $1.47*1971 - $1.43*1972 - $1.36*1973 - $1.38*1974 - $1.74*1975 - $1.69 -
Period: to
spiked!
How about in the '70s and '80s, when the price of oil spiked due to multiple oil crises? Fortunately for us, the Energy Information Administration has produced a handy chart to keep track of all of that -
1973 to 1974
increased alot i oil and more in gas -
1976 throw 1986
another oil spike! from 1.73 all the way up to 2.15 -
oil prices
There was another energy crisis in 1979 when the Shah of Iran fled his country, throwing the Iranian oil sector into disarray. Things went from bad to worse after the Iraqi invasion of Iran in 1980, and the price of oil spiked as a result -
here to today
Still, some stations in the Grand Rapids area were selling fuel Monday morning for as low as $3.60 per gallon, and many within a few cents of that amount.
A station near Muskegon in Norton Shores was selling gas for $4.14, according to the website. Prices largely are hanging in the $3.80s to $3.90s -
prices then
prices in 2008 were only 1.61 per gallon just a few months before that gase went up to 4.11 -
gas last year
Around this time last year, the national average price for a gallon of gas peaked at $3.98. This week the national average is $3.78 for the same fuel.
The price is 3 cents cheaper than the average prices last week.
The price for a barrel of oil also has fallen, coming in under $100 for the first time since February. On May 4, a barrel was priced at $98.49, $6.44 less than last week and $1.31 less than prices last year, according to the Energy Department.
AAA attributes the fall in gas prices -
2011's promise!
In 2011 the formation produced just over 1 trillion cubic feet of gas in Pennsylvania, and about 350 billion cubic feet in West Virginia. Ohio has almost no Marcellus production, but is exploring other gas fields. New York hasn't allowed drilling.
"We are producing record levels of natural gas," said Fadel Gheit, Gheit expects the trend to continue, because the industry has mastered horizontal drilling deep underground. That means the wells don't just go down, but also out thousands of feet thr -
gas prices to day!
Nationally, the average fuel price sits at $3.77. -
week ago
Last week, AAA said 10 states were bucking the trend, with higher gas prices than the year before. Three of those states - Hawaii, Vermont and Wyoming - now have lower average state prices than they saw the year before.
In Alaska, Oregon and Washington, prices are about the same as they were last week, while Arizona, Colorado, Hawaii, Montana and Vermont saw lower prices. Idaho is still struggling through higher gas prices, although averages have hit the same level they were at last year.
PITT -
2001-2009
The big story during this period of time was the continued rise of countries such as China and India, which has resulted in an increased demand for oil, gas and other commodities.
STATEN ISLAND, N.Y. -- The lowest gas price on Staten Island over the last 24 hours is $3.99 for a gallon of regular unleaded.
That price can be found at the Delta Express station at 474 Vanderbilt Ave., Stapleton, according to the Web site New York City Gas Prices.
The same price can be found at the Costco station (m -
theory
bye the end of two thousand and two gas prises will be up to five dallors per gallon
