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re: Anyone else seeing gas reach all time highs in their areas?

Posted on 4/6/24 at 12:26 pm to
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65974 posts
Posted on 4/6/24 at 12:26 pm to
.
quote:

Oil hit an all-time high in 2008 IIRC. I remember gas being close to $5/gallon here. I had a Ram with a Hemi and a 20 mile commute to work

No
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48976 posts
Posted on 4/6/24 at 12:28 pm to
quote:

In the early 1980s, concurrent with the OPEC embargo, oil prices experienced a "rapid decline." In early 2007, the price of oil was US$50. In 1980, globally averaged prices "spiked" to US$107.27, and reached its all-time peak of US$147 in July 2008.

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