Gas Prices In 2022 All The Changes That Impacted Americans Finances This Year
In the first week of May 2020, gas prices fell below $1.80, nearly the lowest in history when adjusted for inflation. By the second week of June 2022, they peaked above $5 — a record high. By Andrew Lisa It’s no secret why the price per gallon bottomed out in 2020. The pandemic turned the world’s highways into ghost roads, airports went dark and oil-thirsty factories closed their doors. The result was an unprecedented drop in demand....