WildB
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Member # 2917
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posted
Last year, at this time the average was $2.33 per gallon, according to AAA. The highest prices ever for unleaded gasoline were in the summer of 2008, with national prices for unleaded averaging $4.11 per gallon. Why did gas prices drop in 2008?
The recession caused demand for energy to shrink greatly in late 2008, with oil prices collapsing from the July 2008 high of $147 a barrel to a December 2008 low of $32. So why did GAS PRICE ONLY go down to $2.10 per gallon ?
1/3 less a barrel $32 should of = $1.37 per gallon?
What was the highest gas price during Obama?
The $3.677 is not the highest gas prices have been under President Obama. That record was reached the week of May 9, 2011 when they averaged $3.965 per gallon.
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That is all.....
Posts: 8775 | From: USA, MICHIGAN | Registered: Mar 2004
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