Supporting Information
| Year | Retail Gasoline Price (Current dollars/gallon) | Retail Gasoline Price (Constant 2015 dollars/gallon) |
|---|---|---|
| 1982 | 1.31 | 2.71 |
| 1983 | 1.22 | 2.43 |
| 1984 | 1.16 | 2.22 |
| 1985 | 1.13 | 2.10 |
What’s the cheapest gas in the United States?
The cheapest states to get gas, ranked
- The average price of gas in the US is $2.584, but many states fall below the national average.
- The five cheapest states to get gas, as of January 6, 2020, are Mississippi, Texas, Kansas, Oklahoma, and Missouri.
What was the price of a gallon of gas in 1981?
In the year 1981, the average retail price of gas in the U.S. was $1.31. This is equivalent to $3.81 in 2019 dollars. We determine the value of a dollar using the Consumer Price Index from December of the previous year.
What was the price of gas in 1985?
However, midway through the decade in 1985 gas prices dropped to an average of $1.12 per gallon. When you factor in inflation over the last 30-plus years, that amounts to $2.63 today, which is about on par with the current average price of gas at $2.77 per gallon, AAA reports.
What was the average price of gas in 2012?
The highest average gas price was $3.64 in 2012, which is 167% more expensive than a decade earlier. What year did gas go over one dollar? The average price of gas first went over $1 a gallon in 1980, when it went from $0.86 per gallon to $1.19 per gallon. When was the last time gas was under $2 a gallon?
When was the last time gas was less than$ 2?
The last time the average price of gas was less than $2 was 15 years ago, in 2004. The average price of gas then was $1.88. How much was gas in the 90s? The average price of gas in the 1990’s was just shy of $1.15. What are the top five states with the highest average gas prices today?
