Unleaded Gas Price
Sunday, March 21st, 2010If you’re looking for the latest Unleaded Gas price then you’ve come to right place. Whether you’re trading or spot buying and selling Unleaded Gas commodities, we will have all the information you might need on Unleaded Gas, including trading guide, commodity info, and up to date prices.
Unleaded Gas Price
Unleaded Gas current price is 2.26$ / gallon. Unleaded Gas commodity price changed by -0.0453 which represents a -0.0197 percentage shift from the previous trading day’s closing price.
Unleaded gas, which is more commonly known as gasoline or “gas,” is a liquid fuel used in most motor vehicles around the world. It is also referred to as petrol in Europe and other parts of the world. Gasoline must be created in oil refineries and undergo many refining processes in order to meet octane standards. During this process, many additives, including ethanol and oxygenate blending, among others, are used to make the gasoline burn cleaner and produce fewer toxic emissions. The United States is still by far the leading consumer of oil, but its lead is starting to diminish as other countries around the world begin to use more and more oil. The price of unleaded gas on the market can fluctuate a great deal based on politics, demand, and a host of other world economic factors. In the early 2000′s, the price of gasoline in the United States hovered around $1.50 per gallon. In the middle of the decade, the price shot up to over $4 per gallon, but has dropped more recently.
The Unleaded Gas price today stands as 2.26 and falls in a 52 week range of 1.36 and 2.3. Good luck in your trading.