Gas Prices Chart Over The Last 5 Years
Introduction
Gas prices have been a hot topic of discussion for many years. People are always curious about the fluctuations in gas prices and how they will impact their daily lives. In this article, we will take a closer look at the gas prices chart over the last 5 years.
The Beginning of 2015
The year 2015 started on a good note for drivers as gas prices were at a record low. The average price of gas in the United States was around $2.20 per gallon. This was great news for drivers who had been paying almost double the price a few years earlier.
Mid-2015
By mid-2015, gas prices had started to climb again. The average price of gas had risen to around $2.80 per gallon. This increase was due to many factors including the rising cost of crude oil and the increasing demand for gas during the summer months.
The End of 2015
As 2015 was coming to an end, gas prices had started to drop once again. The average price of gas had fallen to around $2.00 per gallon. This decrease was due to the oversupply of crude oil and the weakening demand for gas during the winter months.
The Beginning of 2016
The year 2016 started on a good note for drivers as gas prices continued to drop. The average price of gas in the United States was around $1.75 per gallon. This was great news for drivers who had been paying almost double the price a few years earlier.
Mid-2016
By mid-2016, gas prices had started to climb again. The average price of gas had risen to around $2.30 per gallon. This increase was due to many factors including the rising cost of crude oil and the increasing demand for gas during the summer months.
The End of 2016
As 2016 was coming to an end, gas prices had started to drop once again. The average price of gas had fallen to around $2.00 per gallon. This decrease was due to the oversupply of crude oil and the weakening demand for gas during the winter months.
The Beginning of 2017
The year 2017 started on a good note for drivers as gas prices continued to drop. The average price of gas in the United States was around $2.25 per gallon. This was great news for drivers who had been paying almost double the price a few years earlier.
Mid-2017
By mid-2017, gas prices had started to climb again. The average price of gas had risen to around $2.60 per gallon. This increase was due to many factors including the rising cost of crude oil and the increasing demand for gas during the summer months.
The End of 2017
As 2017 was coming to an end, gas prices had started to drop once again. The average price of gas had fallen to around $2.25 per gallon. This decrease was due to the oversupply of crude oil and the weakening demand for gas during the winter months.
The Beginning of 2018
The year 2018 started on a good note for drivers as gas prices continued to drop. The average price of gas in the United States was around $2.50 per gallon. This was great news for drivers who had been paying almost double the price a few years earlier.
Mid-2018
By mid-2018, gas prices had started to climb again. The average price of gas had risen to around $2.90 per gallon. This increase was due to many factors including the rising cost of crude oil and the increasing demand for gas during the summer months.
The End of 2018
As 2018 was coming to an end, gas prices had started to drop once again. The average price of gas had fallen to around $2.25 per gallon. This decrease was due to the oversupply of crude oil and the weakening demand for gas during the winter months.
The Beginning of 2019
The year 2019 started on a good note for drivers as gas prices continued to drop. The average price of gas in the United States was around $2.25 per gallon. This was great news for drivers who had been paying almost double the price a few years earlier.
Mid-2019
By mid-2019, gas prices had started to climb again. The average price of gas had risen to around $2.80 per gallon. This increase was due to many factors including the rising cost of crude oil and the increasing demand for gas during the summer months.
The End of 2019
As 2019 was coming to an end, gas prices had started to drop once again. The average price of gas had fallen to around $2.25 per gallon. This decrease was due to the oversupply of crude oil and the weakening demand for gas during the winter months.
The Beginning of 2020
The year 2020 started on a good note for drivers as gas prices continued to drop. The average price of gas in the United States was around $2.50 per gallon. This was great news for drivers who had been paying almost double the price a few years earlier.
Mid-2020
By mid-2020, gas prices had started to drop again due to the COVID-19 pandemic. The average price of gas had fallen to around $1.75 per gallon. This decrease was due to the reduced demand for gas as people were staying home and not driving as much.
The End of 2020
As 2020 was coming to an end, gas prices had started to climb again. The average price of gas had risen to around $2.25 per gallon. This increase was due to the reopening of the economy and the increasing demand for gas as people started to drive more.
The Beginning of 2021
The year 2021 started with a slight increase in gas prices. The average price of gas in the United States was around $2.50 per gallon. This increase was due to the increased demand for gas as people started to drive more due to the vaccine rollout.
Conclusion
Gas prices have been fluctuating over the last 5 years due to many factors including the cost of crude oil, supply and demand, and external events such as the COVID-19 pandemic. As we move forward, it is important to keep an eye on gas prices as they have a direct impact on our daily lives.