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DOE: Adjusted for inflation, the price of gasoline in 2019 was similar to the price in 1929

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The average annual price of gasoline has fluctuated greatly over the past several decades, but when adjusted for inflation (constant dollars), the price of gasoline in 2019 was only nine cents higher than in 1929, according to the US Department of Energy (DOE). The graph below shows the effect of the oil embargo in the early 1980s.

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Gasoline consumption per capita in 2020 was on par with that in 1965

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This analysis examines the effect of this downturn in driving on gasoline consumption (both total and per capita), and places the consumption in 2020 in a historical context. The results show that gasoline consumption per capita in 2020 was on par with that 55 years ago. Total consumption. Total consumption (millions of gallons).

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How crude-oil prices influence gasoline prices

Green Car Congress

Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. However, the retail price of gasoline includes other costs as well. Gasoline prices are also influenced by gasoline demand relative to gasoline supply.

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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

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A sudden drop in miles traveled by car in the US triggered by wide-spread social isolation measures will have immediate ramifications for gasoline demand. IHS Markit analysis finds that US gasoline demand could fall by as much as 4.1 The four-week average US gasoline demand for the week ending 6 March 2020 was 9.1 million units.

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Changes in vehicle miles traveled often mirror changes in gasoline price

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The number of vehicle miles traveled (VMT) often mirrors changes in the price of gasoline, according to data presented bybthe US Department of Energy (DOE). The figure below shows the percentage change in gasoline prices and VMT from one year to the next (e.g., January 2009 data were compared with January 2008 data).

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US demand for petroleum, gasoline rose in January; highest January deliveries since 2008

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These were the highest January deliveries in eight years, since 2008. Total motor gasoline deliveries, a measure of consumer gasoline demand, rose 1.4% Production of all four major products–gasoline, distillate, jet fuel and residual fuels—was higher than demand for those products. Gasoline production averaged nearly 9.5

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Peugeot to show 2008 HYbrid Air at Geneva show; more detail on operation

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Peugeot 2008 HYbrid Air. Like its group partner Citroën ( earlier post ), Peugeot will display an application of the new Hybrid Air technology ( earlier post )—the 2008 HYbrid Air—at the upcoming Geneva show. The system offers three modes: Air (ZEV), Gasoline, and Combined. In Gasoline mode, only the 1.2-liter

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