Historical Year Data · 2022
US Retail Gasoline (Weekly) in 2022
US Retail Gasoline (Weekly) opened 2022 at 3.28 and closed at 3.09, a -5.79% move for the year. The high of 5.01 was reached on June 13, and the low of 3.09 on December 26.
Open
3.28
2022-01
Close
3.09
52 data points
High
5.01
Jun 13
Low
3.09
Dec 26
Full Year Change
-5.79%
2021 Change
+45.62%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 3.28 | 3.37 | 3.37 | 3.28 | +2.65% |
| Feb | 3.44 | 3.61 | 3.61 | 3.44 | +4.76% |
| Mar | 4.1 | 4.23 | 4.32 | 4.1 | +3.14% |
| Apr | 4.17 | 4.11 | 4.17 | 4.07 | -1.51% |
| May | 4.18 | 4.62 | 4.62 | 4.18 | +10.57% |
| Jun | 4.88 | 4.87 | 5.01 | 4.87 | -0.08% |
| Jul | 4.77 | 4.33 | 4.77 | 4.33 | -9.24% |
| Aug | 4.19 | 3.83 | 4.19 | 3.83 | -8.71% |
| Sep | 3.75 | 3.71 | 3.75 | 3.65 | -0.93% |
| Oct | 3.78 | 3.74 | 3.91 | 3.74 | -1.06% |
| Nov | 3.8 | 3.53 | 3.8 | 3.53 | -6.90% |
| Dec | 3.39 | 3.09 | 3.39 | 3.09 | -8.82% |
Events During 2022
2022 Fed Rate Hiking Cycle
Stagflation
March–December 2022
The Fed raised rates 425bps in 2022, the fastest hiking cycle since the Volcker era. The 60/40 portfolio posted its worst year since 1937.
2022 UK Mini-Budget & Gilt Crisis
Stagflation
September 23 – October 14, 2022
UK Prime Minister Liz Truss's September 23, 2022 mini-budget triggered a collapse in sterling and gilts. LDI pension strategies faced forced liquidation. The Bank of England intervened to prevent financial instability.
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