Posted on March 24, 2011. But why didn’t the situation keep spiraling in 2012, when oil prices shot higher than literally ever before in the U.S.? Can be a plane, train or automobile. Update, Insights into the world's most important technology markets, Advertising & Media Outlook High oil prices have a negative impact on retailers, the auto industry, public transportation, grocers, employees’ raises, new jobs, unemployment, and the economy overall. Post Bankruptcy Personal Loans Historically, … © Copyright 2012–2021 TitleMax®. These data are based on perceptions of visitors of this website in the past 3 years. No Credit Loans Near Me But the fact is that gas prices are intrinsically correlated with the overall economy in the U.S. and have been for decades. 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The average price of regular gas in California rose to $4.18 a gallon, the highest level since May 13, 2014, according to the Oil Price Information Service, which gathers data for the AAA. Retail price of regular gasoline in the United States from 1990 to 2020 (in U.S. dollars per gallon) [Graph]. Areas near Asheville and their current gas price climate: Spartanburg- $2.30/g, flat from last … Banks and loan companies struggled to get a handle back on the economy. Learn more about how Statista can support your business. Back in 1918 gasoline was $0.25 a gallon and by 1932 prices had fallen to 18 cents a gallon! However, let’s not forget the very intense and rapid price increase preceding the 2009 recession. Let me be clear, the floor for gas prices over the past four years has been $2.50. The first table shows the Annual Average Crude Oil Price from 1946 to the present. You only have access to basic statistics. The short-term benefit of lower gas prices came at a cost. Those two tumultuous decades should’ve reformed the car and energy industries. The low point for gas prices this year came in late April, ... And the $2.18 average price for the year is the lowest since 2016, and the second lowest full-year average over the last 16 years. New, Figures and insights about the advertising and media world, Industry Outlook This year was billed $70+ in addition to $70+ tank rental fee For not using enough gas! You can only download this statistic as a Premium user. This series focuses on good old road trips. For instance, less than 10% of our oil comes from the Middle East today. The last … We bailed out the car companies that had been slow to adapt and create alternative-fuel engines. Year over year, the average residential natural gas rate in Asheville decreased 100 … Statista. Want to use this infographic on your site? Please contact us to get started with full access to dossiers, forecasts, studies and international data. ", EIA, Retail price of regular gasoline in the United States from 1990 to 2020 (in U.S. dollars per gallon) Statista, https://www.statista.com/statistics/204740/retail-price-of-gasoline-in-the-united-states-since-1990/ (last visited January 27, 2021), Retail price of regular gasoline in the United States from 1990 to 2020, Leading petroleum consuming countries worldwide 2018, Gasoline price per liter in selected countries - June 2020, Diesel price per liter in selected countries - June 2020, United States - oil production in barrels 1998-2019, Petroleum imports into the U.S. 2000-2019, Ending inventory of motor gasoline in the U.S. 2000-2019, U.S. transportation sector gasoline & distillate fuel consumption 1992-2019, Domestic demand for gasoline in the U.S. 2018, by mode, Gasoline station industry in the U.S. - gross output 2000-2019, Prime supplier sales volume of gasoline in the U.S. 2010-2019, by type, Finished motor gasoline exports from the U.S. 2000-2019, Finished motor gasoline imports in the U.S. 2001-2019, WTI and Brent crude oil's average annual spot prices 1990-2020, Motor gasoline costs for end users in the U.S. 1980-2019, Gasoline price components in the U.S. 2020, Diesel fuel retail prices per year in the U.S. 2019-2019, Diesel price breakdown by cost composition in the U.S. 2020, State motor fuel tax rates in the United States 2001-2019, Average retail price for regular, unleaded gasoline in Canada 2015-2020, Average price of petrol in Nigeria 2020, by zone, Retail prices of gasoline in the U.S. - by state as of February 2017, Motor fuel - retail prices in Wisconsin 2009-2011, Motor fuel - retail prices in Wyoming 2009-2011, Italy: gasoline price variation 2017-2018, by month, Ethanol share in gasoline by Canadian province 2020, Gasoline and diesel motor fuel taxes in Wisconsin 2011, Gasoline and diesel motor fuel taxes in South Dakota 2011, Gasoline and diesel motor fuel taxes in Missouri 2011, Gasoline and diesel motor fuel taxes in North Carolina 2011, Gasoline and diesel motor fuel taxes in Kentucky 2017, Gasoline and diesel motor fuel taxes in Florida 2017, U.S. ending stocks of conventional motor gasoline 2004-2013, Average monthly gasoline retail prices Oita 2017-2018, Average monthly gasoline retail prices Tokushima 2017-2018, Average monthly gasoline retail prices Shiga 2017-2018, Average monthly gasoline retail prices Ibaraki 2017-2018, Average monthly gasoline retail prices Osaka 2017-2018, Retail price of regular gasoline in the United States from 1990 to 2020 (in U.S. dollars per gallon), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. 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