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

Green Car Congress

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

Green Car Congress

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

Green Car Congress

vehicle fuel economy. Specifically, this study examines actual fuel economy of cars and light trucks (pickup trucks, SUVs, and vans) from 1966 through 2019. (My Calculated vehicle fuel economy is available going back to 1923. The primary measure in this analysis is the average miles driven per gallon of fuel for each year.

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Actual fuel economy of cars and light trucks: 1966-2017

Green Car Congress

vehicle fuel economy. Specifically, this study examines actual fuel economy of cars and light trucks (pickup trucks, SUVs, and vans) from 1966 through 2017. Calculated vehicle fuel economy is available going back to 1923. The primary measure in this analysis is the average miles driven per gallon of fuel for each year.

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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

Green Car Congress

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

Green Car Congress

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. At nearly 3.6

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