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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.

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Recent changes in the price of gasoline and in the amount of driving

Green Car Congress

One possible consequence of the recent jump in the price of gasoline in the United States might be a reduction in driving. The pandemic clearly contributed to a crash of all major modes of transportation, with driving (by all vehicles on all roads) bottoming out with a reduction of 40%. Price of gasoline.

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Monthly changes in key transportation indexes

Green Car Congress

They are adjusted for both population and 2020 being a leap year (all but price of gasoline) and for inflation (price of gasoline). Price of gasoline. Energy Information Administration (price of gasoline). Bureau of Transportation Statistics (revenue passenger miles). Month-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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Large differences among the recent increases in the cost of powering gasoline, diesel, and electric vehicles

Green Car Congress

This post examines the recent changes in the costs of powering gasoline, diesel, and electric vehicles. The expectation was that the cost of electricity had recently increased much less than the costs of gasoline and diesel. The table below shows all available average monthly prices for 2022. Month (2022). Electricity. $/g.

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U.S. Gas Prices Down As Gasoline Demand Down

CleanTechnica EVs

Energy Information Administration reports that gas prices in the U.S. Gas Prices Down As Gasoline Demand Down appeared first on CleanTechnica. are down 10% compared to the same time. continued] The post U.S.

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Changes in vehicle miles traveled often mirror changes in gasoline price

Green Car Congress

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., Prices are for regular gasoline.

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