During the week of 13 August 2012, the average cost of a gallon (3.79 L) of gasoline in the United States was $3.72 US Dollars (USD). The lowest gasoline prices in the US were near the Gulf Coast, where gas averaged $3.48 USD per gallon (3.79 L). Gasoline was most expensive on the West Coast, with the average gallon (3.79 L) of gas costing $3.94 USD.
More about the price of gasoline:
The cost of gasoline is inexpensive compared with the cost of other liquids. A popular brand of bottled water, for example, was selling for $10.83 USD per gallon (3.79 L) in 2012. Coffee from some major coffeehouses cost $18.88 USD per gallon (3.79 L).
As of June 2012, most of the price of gasoline — about 62% — was based on the cost of the oil used to make it.
West Coast gasoline prices are skewed by the cost of gas in California. The average price of gas on the West Coast when California is not included was $3.69 (USD) per gallon (3.79 L) during the week of 13 August 2012.
Discussion Comments
The question should be is why is gas so expensive? It went up 40 cents a gallon in three or four weeks in western Pennsylvania.
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