Gas in Colorado averaged $3.17 in 2008 — $4.72 in today’s money
The average price of a gallon of regular gasoline in Colorado across 2008, shown both as it was at the pump and adjusted for inflation to constant 2025 dollars (CPI-U).
How Colorado prices moved through 2008
Weekly average for regular gasoline. The year’s high was $4.03 the week of July 14, 2008; the low was $1.53 the week of December 29, 2008 — a swing of 162.5%.
View the weekly data (52 weeks)
| Week of | Nominal | 2025 $ |
|---|---|---|
| January 7, 2008 | $2.87 | $4.35 |
| January 14, 2008 | $2.87 | $4.35 |
| January 21, 2008 | $2.85 | $4.32 |
| January 28, 2008 | $2.84 | $4.30 |
| February 4, 2008 | $2.89 | $4.37 |
| February 11, 2008 | $2.89 | $4.37 |
| February 18, 2008 | $2.92 | $4.42 |
| February 25, 2008 | $3.04 | $4.60 |
| March 3, 2008 | $3.05 | $4.60 |
| March 10, 2008 | $3.06 | $4.62 |
| March 17, 2008 | $3.13 | $4.72 |
| March 24, 2008 | $3.14 | $4.73 |
| March 31, 2008 | $3.19 | $4.82 |
| April 7, 2008 | $3.25 | $4.89 |
| April 14, 2008 | $3.28 | $4.94 |
| April 21, 2008 | $3.41 | $5.13 |
| April 28, 2008 | $3.48 | $5.24 |
| May 5, 2008 | $3.48 | $5.21 |
| May 12, 2008 | $3.61 | $5.40 |
| May 19, 2008 | $3.69 | $5.53 |
| May 26, 2008 | $3.86 | $5.78 |
| June 2, 2008 | $3.88 | $5.75 |
| June 9, 2008 | $3.92 | $5.81 |
| June 16, 2008 | $3.96 | $5.86 |
| June 23, 2008 | $3.95 | $5.85 |
| June 30, 2008 | $3.96 | $5.86 |
| July 7, 2008 | $3.99 | $5.86 |
| July 14, 2008 | $4.03 | $5.92 |
| July 21, 2008 | $4.01 | $5.90 |
| July 28, 2008 | $3.95 | $5.81 |
| August 4, 2008 | $3.89 | $5.73 |
| August 11, 2008 | $3.85 | $5.66 |
| August 18, 2008 | $3.78 | $5.57 |
| August 25, 2008 | $3.73 | $5.49 |
| September 1, 2008 | $3.72 | $5.48 |
| September 8, 2008 | $3.68 | $5.41 |
| September 15, 2008 | $3.71 | $5.46 |
| September 22, 2008 | $3.59 | $5.29 |
| September 29, 2008 | $3.54 | $5.21 |
| October 6, 2008 | $3.44 | $5.10 |
| October 13, 2008 | $3.19 | $4.73 |
| October 20, 2008 | $2.92 | $4.33 |
| October 27, 2008 | $2.64 | $3.92 |
| November 3, 2008 | $2.40 | $3.62 |
| November 10, 2008 | $2.19 | $3.31 |
| November 17, 2008 | $2.00 | $3.01 |
| November 24, 2008 | $1.81 | $2.73 |
| December 1, 2008 | $1.72 | $2.62 |
| December 8, 2008 | $1.64 | $2.50 |
| December 15, 2008 | $1.60 | $2.43 |
| December 22, 2008 | $1.57 | $2.39 |
| December 29, 2008 | $1.53 | $2.34 |
2008: Colorado and the national picture
2008 coincided with the oil-price spike and the global financial crisis. In Colorado, the weekly average for regular gasoline ran from a low of $1.53 (December 29, 2008) to a high of $4.03 (July 14, 2008). Adjusted for inflation, the year’s average of $4.72 ranks 3rd-highest in the state’s weekly record.
How 2008 compares, adjusted for inflation
2008 was Colorado’s 3rd-most-expensive year for gas on record, adjusted for inflation — equivalently, the 25th-cheapest of 27 years (2000–2026).
Colorado fuel prices by grade in 2008
Year-average price per grade. Premium figures are the spread drivers paid for higher-octane fuel that year.
| Grade | Avg / gal | 2025 $ | vs. regular |
|---|---|---|---|
| Regular | $3.17 | $4.72 | — |
| Midgrade | $3.28 | $4.90 | +11.6¢ |
| Premium | $3.39 | $5.06 | +22.5¢ |
Colorado gas prices in 2008, answered
- What was the average price of gas in Colorado in 2008?
- The average price of regular gasoline in Colorado in 2008 was $3.17 per gallon — about $4.72 in 2025 dollars after adjusting for inflation, according to U.S. Energy Information Administration weekly data.
- How high did gas prices get in Colorado during 2008?
- Colorado's weekly average for regular gasoline peaked at $4.03 the week of July 14, 2008 and bottomed out at $1.53 the week of December 29, 2008 — a swing of 162.5% across the year.
- Were gas prices in Colorado higher in 2008 than in 2007?
- Adjusted for inflation, regular gasoline in Colorado was more expensive in 2008 than in 2007, up 9.3% year over year.
- How does 2008 rank for gas prices in Colorado history?
- Adjusted for inflation, 2008 was the 3rd-most-expensive year for regular gasoline in Colorado out of the 27 years EIA has published weekly prices (2000–2026).