What was the price of gas when President Obama took office?

The record price of 2008 was 145–147 ppb. This record-high came on the hills of Lybia threatening to halt deliveries, Iran -US relations all time low. Fierce fighting in Iraq and scary talk of “peak oil” the year was very panicked prices jumping on expectation more than data at very fast rate. read more

When President Obama took office in January 2009, the weekly retail price was about $1.90 a gallon. But it should be noted that throughout Mr. Obama's time in office, those prices have fluctuated. As I write this, and depending on what part of the US in which you live, the current price is about $1.98-$2.05 per gallon. read more

According to EIA data, the average price of a gallon of regular unleaded gasoline in the United States was $1.838 on Jan. 19, 2009--the day before Obama took office. As of Monday, Feb. 11, 2013, the per-gallon price had risen to an average of $3.611--an increase of 96 percent. read more

The cost of gas was $1.84 just six days after President Obama's inauguration. As noted above, that is far cheaper than the cost of a gallon of gas six months prior in July 2008. Gas prices have the ability to fluctuate quickly. read more