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Table 3-9: Price Trends of Gasoline v. Other Consumer
Goods and Services
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Retail price of motor gasoline, all types (constant
2005 dollars per gallon) |
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Total
service station price |
1.78 |
2.04 |
2.86 |
2.15 |
1.80 |
1.70 |
1.64 |
1.57 |
1.53 |
1.53 |
1.59 |
1.55 |
1.32 |
1.42 |
1.75 |
1.67 |
1.55 |
1.60 |
1.90 |
Service
station price excluding taxes |
1.22 |
1.59 |
2.54 |
1.75 |
1.40 |
1.23 |
1.18 |
1.10 |
1.02 |
1.02 |
1.08 |
1.06 |
0.84 |
0.93 |
1.28 |
1.21 |
1.10 |
1.15 |
1.44 |
Average
motor fuel taxesa |
0.55 |
0.45 |
0.32 |
0.40 |
0.40 |
0.47 |
0.46 |
0.47 |
0.51 |
0.51 |
0.50 |
0.49 |
0.49 |
0.48 |
0.47 |
0.46 |
0.45 |
0.45 |
0.45 |
Retail price of motor gasoline, all types (current
dollars per gallon) |
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Total
service station price |
0.36 |
0.57 |
1.22 |
1.20 |
1.22 |
1.20 |
1.19 |
1.17 |
1.17 |
1.21 |
1.29 |
1.29 |
1.12 |
1.22 |
1.56 |
1.53 |
1.44 |
1.64 |
1.92 |
Consumer
price indices (1982-84 = 100) |
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All
items |
39 |
54 |
82 |
108 |
131 |
136 |
140 |
145 |
148 |
152 |
157 |
161 |
163 |
167 |
172 |
177 |
180 |
184 |
189 |
Food |
39 |
60 |
87 |
106 |
132 |
136 |
138 |
141 |
144 |
148 |
153 |
157 |
161 |
164 |
168 |
173 |
176 |
180 |
186 |
Shelter |
36 |
49 |
81 |
110 |
140 |
146 |
151 |
156 |
161 |
166 |
171 |
176 |
182 |
187 |
193 |
201 |
208 |
213 |
219 |
Apparel |
59 |
73 |
91 |
105 |
124 |
129 |
132 |
134 |
133 |
132 |
132 |
133 |
133 |
131 |
130 |
127 |
124 |
121 |
120 |
Motor
fuel |
28 |
45 |
97 |
99 |
101 |
99 |
99 |
98 |
99 |
100 |
106 |
106 |
92 |
101 |
129 |
125 |
117 |
136 |
160 |
Medical
care |
34 |
48 |
75 |
114 |
163 |
177 |
190 |
201 |
211 |
221 |
228 |
235 |
242 |
251 |
261 |
273 |
286 |
297 |
310 |
a State and federal taxes are weighted
averages computed by the American Petroleum Institute, based on gasoline sold
in the 50 states. Local taxes are
excluded, but additional state sales taxes levied on motor fuel are
included.
SOURCES
Retail price (constant 2005 dollar):
American Petroleum Institute, Policy Analysis and Statistics,
personal communication, May 13, 2005.
Retail price (current dollar):
1970-75: U.S. Department of Energy, Energy Information Agency, Annual Energy Review 2003
(Washington, DC: 2004), table 5.24, Internet site http://www.eia.doe.gov as
of Sep. 7, 2004.
1980-2004: Ibid., Monthly Energy Review (Washington, DC: March 2005), table 9.4, Internet site
http://www.eia.doe.gov as of Mar. 31, 2005.
Consumer price
indices:
Council of Economic Advisors, Economic
Report of the President 2005 (Washington,
DC: Annual Issues), tables B-60 and B-61, Internet site
http://www.gpoaccess.gov/eop/download.html as of Mar. 1, 2005.
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