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Recent trends in gasoline prices

Green Car Congress

This brief note analyzes the changes in the price of gasoline during the first 13 weeks of 2020 and compares them with the changes during the first 13 weeks of 2019. The raw data (the average retail price of regular gasoline) came from the U.S. Energy Information Administration. The results are shown in the table below.

Gasoline 286
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2020 Thanksgiving week gasoline consumption in US lowest since 1997

Green Car Congress

Gasoline sales fell 8.4% (nearly 185 million less gallons) from the previous week for the seven-day period ending 28 November, bringing consumption to the lowest level for a Thanksgiving Week in 23 years, going back to 1997. Northeastern gasoline sales dropped 10.1% —Tom Kloza, executive director, IHS Markit.

Gasoline 321
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Diesel and gasoline prices drop in early 2020, but diesel drops substantially less

Green Car Congress

Although both diesel and gasoline are made from oil, the trends in their prices do not always go in parallel. While personal driving (which uses primarily gasoline) is down greatly because of various stay-at-home mandates, commercial truck transport (which uses primarily diesel) has been substantially less affected.

Diesel 170
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DOE: US gasoline taxes dropped below 20% of total price in 2015

Green Car Congress

Fuel taxes in the United States in 2015 accounted for 19% of the price of a gallon of gasoline, down from just under 30% in 1990, according to figures compiled by the US Department of Energy (DOE). By comparison, in France, Germany, and the United Kingdom, taxes accounted for more than half of the total price for both 1990 and 2015.

Tax 150
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Actual fuel economy of cars and light trucks: 1966-2019

Green Car Congress

However, the starting year of this analysis is 1966 because (1) for 1923 through 1935, fuel-economy information is available only for the entire fleet of all vehicles, and (2) from 1936 through 1965, light trucks were included with other trucks in the relevant statistics.?. In comparison, the change between 2008 and 2019 (from 4.59

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EIA: Energy prices rose more than other commodities in 2021; up 59% over the year

Green Car Congress

Energy prices used in the S&P Goldman Sachs Commodity Index (GSCI) ended 2021 59% higher than the first trading day of the year, according to the US Energy Information Administration (EIA). By comparison, most other commodity indexes included in the GSCI increased by about 20%. The precious metals index was the only one to decline.

Price 273
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Responsible Battery Coalition and U Michigan launch study to compare electric and gas vehicle lifetime costs

Green Car Congress

Our research partnership with RBC will enable us to conduct a more in-depth analysis of EV costs in comparison with internal combustion engine vehicles by considering vehicle type, user behavior, and where the vehicle is purchased and operated. Projections of future gasoline and electricity prices. Anticipated driving patterns.

Michigan 199