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Gasoline prices are on the rise again, just when drivers were getting used to relatively steady prices at the pump. The national average for gasoline is at $3.71 per gallon, up $0.13 from a week ...
Gas prices have spiked in and around Chicago after a tornado sidelined a major ExxonMobil oil refinery last week. A gallon of gas in Chicago is now selling for an average of $4.34 , according to AAA.
Gas prices are again on the rise, and the extreme heat being felt in the Northern Hemisphere is partly to blame. Nationally, the price of a gallon of gasoline rose by 4 cents on Tuesday, the ...
Crude oil prices to gas prices Henry Hub natural gas prices. From the mid-1980s to September 2003, the inflation-adjusted price of a barrel of crude oil on NYMEX was generally under US$25/barrel in 2008 dollars. During 2003, the price rose above $30, reached $60 by 11 August 2005, and peaked at $147.30 in July 2008. [1]
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
At an OPEC summit at the Sheraton Hotel in Kuwait City on October 16, 1973, it was announced the price of oil would go from $3.01 U.S. dollars per barrel to $5.12 per barrel. [48] After agreeing to the price increase, the Iranian delegation left Kuwait City as the Shah of Iran was only interested in higher oil prices. [48]
A few other credit cards likewise offer big cash-back bonuses for gas purchases, though those rates may vary by quarter. As of this writing, the national average cost of a gallon of gas is $3.63.
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