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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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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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Driving 13 miles across a state line could save a dollar per gallon of gasoline

Green Car Congress

AAA publishes a daily map that divides the states into five groups, depending on the average price of regular gasoline. On July 5, 2022, two adjacent states had a unique relationship: they belonged to the two extreme AAA price groups, with Illinois in the highest price group and Kentucky in the lowest price group.

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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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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.

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Milk and gasoline: the cost of the energy they provide to fuel our bodies and automobiles

Green Car Congress

This brief analysis examines the relative cost of the energy from milk and gasoline. The average price of conventional (not organic) whole milk in September 2020 was $3.56 Currently, a gallon of gasoline (with ethanol) contains 120,286 Btu of energy. The average price of regular gasoline in September 2020 was $2.183 per gallon.

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