BTS | Table 3-9: Price Trends of Gasoline v. Other Consumer Goods and Services

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Table 3-9: Price Trends of Gasoline v. Other Consumer Goods and Services

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	1960	1965	1970	1975	1980	1985	1990	1991	1992	1993	1994	1995	1996	1997	1998	1999	2000
Retail price of regular grade gasoline (¢/gallon)
Service station price (excluding taxes)^a	21.0	20.7	24.6	44.8	105.3	89.5	88.0	81.2	79.1	75.4	72.0	74.3	82.4	^R82.6	^R65.0	75.0	108.8
State and federal taxes^b	10.1	10.5	11.1	12.4	13.8	22.0	26.9	32.8	33.6	35.4	39.2	40.4	40.7	^R40.8	^R41.0	41.5	42.2
Service station price (including taxes)
Leaded	31.1	31.2	35.7	56.7	119.1	111.5	114.9	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
Unleaded	N	N	N	N	124.5	120.2	116.4	114.0	112.7	110.8	111.2	114.7	123.1	123.4	106.0	116.5	151.0
Consumer price indices (1982-84 = 100)
All items	30	32	39	54	82	108	131	136	140	145	148	152	157	161	163	167	172
Food	30	32	39	60	87	106	132	136	138	141	144	148	153	157	161	164	168
Shelter	25	27	36	49	81	110	140	146	151	156	161	166	171	176	182	187	193
Apparel and upkeep	46	48	59	73	91	105	124	129	132	134	133	132	132	133	133	131	130
Motor fuel^R	24	25	28	45	97	99	101	99	99	98	99	100	106	106	92	101	129
Medical care	22	25	34	48	75	114	163	177	190	201	211	221	228	235	242	251	261

KEY: N = data do not exist; NA = not applicable; R = revised.

^a Calculated by subtracting state and federal taxes from service station price (including taxes).

^b State and federal taxes are weighted averages computed by the American Petroleum Institute, based on gasoline sold in the 50 states.

SOURCES:

Retail price of regular grade gasoline except service station prices (including taxes):

1960-1998: American Petroleum Institute, Basic Petroleum Data Book (Washington, DC: Annual issues), section VI, table 5, and similar tables in earlier editions.

1999-2000: American Petroleum Institute, "How Much We pay for Gasoline" (May 2001) table 2.

Service station price (including taxes):

1960-1998: U.S. Department of Energy, Energy Information Administration, Annual Energy Review 1998, DOA/EIA-0384(97) (Washington, DC: July 1999), table 5.22. Also available at Internet site http://www.eia.doe.gov/pub/energy.overview/aer98/txt/aer0522.txt.

1999-2000: American Petroleum Institute, "How Much We Pay for Gasoline" (May 2001) table 3.

Consumer price indices:

Council of Economic Advisors, Economic Report of the President (Washington, DC: January 2001), tables B-60 and B-61. Also available at Internet site http://w3.access.gpo.gov/eop/.