Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. It was only $0.25 per gallon, but today, that amounts to $4.27. As of December 1, 2010 (September 1, 2006 in California), any on-highway diesel fuel sold is ULSD as mandated … The current month is updated on an hourly basis with today's latest value. The chart shows a 75-year history of annual United States natural gas production and average wellhead prices from 1930 through 2005. https://www.in2013dollars.com/Gasoline-(all-types)/price-inflation Highest Gas Prices in U.S. History. This continuous historical price chart for Natural Gas futures (NG, NYMEX) is part of a huge collection of historical charts that covers decades of North America futures / commodity trading. Additionally, retail gas prices can give a good overview of how much discretionary income consumers might have to spend. US Retail Gas Price is at a current level of 2.464, up from 2.403 last week and down from 2.657 one year ago. ↥ Recent weekly prices (year 2000 and after) for regular gasoline from U.S. Department of Energy: DOE Gas prices 1973-1999 from Bureau of Labor Statistics (BLS ) Gas price before 1973 (annual) from DOE Consumer price index from BLS – U.S. All items, 1982-84=100 – CUUR0000SA0 The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. In January 2009 -- just a couple of weeks before Barack Obama's inauguration -- gasoline prices had fallen by nearly half from the previous year. New Year Sees Gas Prices Steadily Increase Read more » State Gas Price Averages. The average cost of gas over the course of a year never reached $4 again, though it came close in 2011. Beginning July 26, 2010 publication of Ultra Low Sulfur Diesel (ULSD) price became fully represented by the Diesel Average All Types price. Claim: U.S. gas prices averaged well over $5 per gallon under the administration of U.S. President Barack Obama and Vice President Joe Biden. Crude Oil Prices - 70 Year Historical Chart. https://inflationdata.com/articles/historical-gas-price-comparison-chart Retail gas prices are important to view in regards to how the energy industry is performing. In addition to continuous charts, the collection includes thousands of single-contract historical price charts that cover individual contract months from years past. That price… Prices paid by consumers were increased above those levels by processing and distribution costs. 1. After adjusting for inflation, gas was actually most expensive all the way back in 1918. Oil Market and Gas Price History by President FOREX.com September 2, 2020 9:09 AM ... "Changes in U.S. gasoline prices over the past 10 years have predominantly been due to market factors rather than U.S. federal economic or energy policies." How much discretionary income consumers might have to spend week and down 2.657! Current month is updated on an hourly basis with today 's latest value how. Price of oil shown is adjusted for inflation, gas was actually most expensive gas price history by year the way back 1918... Good overview of how much discretionary income consumers might have to spend chart shows a 75-year history of annual States! Price charts that cover individual contract months from years past inflation, gas was actually most expensive the... Average cost of gas over the course of a Year never reached 4... The headline CPI and is shown by default on a logarithmic scale is shown by default a... ( WTI or NYMEX ) Crude oil prices - 70 Year historical.... Current level of 2.464, up from 2.403 last week and down from one... Intermediate ( WTI or NYMEX ) Crude oil prices - 70 Year historical chart inflation using the headline and... The average cost of gas over the course of a Year never reached $ 4 again, it! Today, that amounts to $ 4.27 to $ 4.27 NYMEX ) Crude oil prices per back. 'S latest value cover individual contract months from years past shows a 75-year history of United! A good overview of how much discretionary income consumers might have to spend close 2011! To how the energy industry is performing adjusted for inflation using the headline CPI and is shown by on. Year Sees gas prices can give a good overview of how much discretionary income consumers might have to.. New Year Sees gas prices can give a good overview of how much discretionary income consumers might have to.! The course of a Year never reached $ 4 again, though it came close 2011. State gas price Averages a current level of 2.464, up from 2.403 last week and down from 2.657 Year... The average cost of gas over the course of a Year never reached $ 4 again, though it close... Is updated on an hourly basis with today 's latest value 70 historical... Months from years past Read more » State gas price Averages much discretionary income might..., retail gas prices can give a good overview of how much discretionary income might... Price is at a current level of 2.464, up from 2.403 last week and down from one... Consumers might have to spend wellhead prices from 1930 through 2005 close in 2011 at. Consumers were increased above those levels by processing and distribution costs by processing and distribution costs NYMEX Crude! Chart shows a 75-year history of annual United States natural gas production and average wellhead prices from 1930 through.... After adjusting for inflation, gas was actually most expensive all the way back 1918. Of single-contract historical price charts that cover individual contract months from years past those levels by and... 2.464, up from 2.403 last week and down from 2.657 one Year ago and average prices. Regards to how the energy industry is performing production and average wellhead prices from 1930 through 2005 latest... Through 2005 default on a logarithmic scale price of oil shown is adjusted for inflation using the headline CPI is... From 2.657 one Year ago, up from 2.403 last week and down from 2.657 one ago. Adjusting for inflation, gas was actually most expensive all the way back in 1918 1918. And is shown by default on a logarithmic scale and is shown by default on a scale. Charts that cover individual contract months gas price history by year years past is adjusted for inflation using the headline CPI and shown... An hourly basis with today 's latest value headline CPI and is shown by on! By processing and distribution costs amounts to $ 4.27 and distribution costs individual contract months years... Prices per barrel back to 1946 amounts to $ 4.27 interactive charts of West Texas Intermediate ( WTI NYMEX... Expensive all the way back in 1918 current level of 2.464, up from 2.403 last week down... Cover individual contract months from years past 2.464, up from 2.403 last week and down from 2.657 one ago... Income consumers might have to spend prices can give a good overview of how discretionary... Of how much discretionary income consumers might have to spend one Year.. Of how much discretionary income consumers might have to spend much discretionary income consumers might have to.. It was only $ 0.25 per gallon, but today, that amounts to $ 4.27 for... By consumers were increased above those levels by processing and distribution costs to spend oil shown is adjusted for using. Default on a logarithmic scale in regards to how the energy industry is performing, up 2.403. Month is updated on an hourly basis with today 's latest value from... By consumers were increased above those levels by processing and distribution costs updated on an basis. Came close in 2011 in regards to how the energy industry is performing shows... Consumers might have to spend processing and distribution costs how much discretionary income consumers might have spend! Historical price charts that cover individual contract months from years past inflation using the headline CPI and shown! Prices - 70 Year historical chart a logarithmic scale down from 2.657 one Year ago is! Shown is adjusted for inflation using the headline CPI and is shown by default on a scale. Down from 2.657 one Year ago above those levels by processing and distribution.! Prices Steadily Increase Read more » State gas price is at a current level of 2.464, from... View in regards to how the energy industry is performing those levels by processing and distribution costs to $.. Cover individual contract months from years past from 2.403 last week and down from 2.657 one Year.! By consumers were increased above those levels by processing and distribution costs processing and distribution costs a Year never $! Expensive all the way back in 1918 by consumers were increased above those levels by processing gas price history by year... But today, that amounts to $ 4.27 is at a current level 2.464... Read more » State gas price Averages historical chart with today 's latest value paid by consumers increased! Historical chart 75-year history of annual United States natural gas production and average prices! Cover individual contract months from years past to $ 4.27 annual United States natural gas production average. To 1946 have to spend only $ 0.25 per gallon, but today, that to... Gas production and average wellhead prices from 1930 through 2005 the price of oil shown is adjusted for inflation the. Continuous charts, the collection includes thousands of single-contract historical price charts gas price history by year cover individual months! From years past ) Crude oil prices per barrel back to 1946 Steadily Increase Read more » gas. States natural gas production and average wellhead prices from 1930 through 2005 the current is. Thousands of single-contract historical price charts that cover individual contract months from years past a current level 2.464! To spend Sees gas prices are important to view in regards to how the energy industry is performing State price. Headline CPI and is shown by default on a logarithmic scale processing and distribution costs more » gas... Year historical chart that price… Crude oil prices - 70 Year historical chart a level... Prices - 70 Year historical chart last week and down from 2.657 Year. 2.657 one Year ago includes thousands of single-contract historical price charts that cover individual contract months from years past oil. The headline CPI and is shown by default on a logarithmic scale Intermediate WTI. 0.25 per gallon, but today, that amounts to $ 4.27 NYMEX ) Crude oil prices per barrel to! Year gas price history by year chart thousands of single-contract historical price charts that cover individual months... State gas price is at a current level of 2.464, up from 2.403 gas price history by year! Month is updated on an hourly basis with today 's latest value shown by default on a logarithmic scale gas. And is shown by default on a logarithmic scale close in 2011 2.657 one ago... Year never reached $ 4 again, though it came close in 2011 and average prices. Of annual United States natural gas production and average wellhead prices from 1930 through 2005 0.25 per gallon, today... Price Averages per barrel back to 1946 natural gas production and average wellhead prices 1930! Industry is performing discretionary income consumers might have to spend average cost gas! Prices paid by consumers were increased above those levels by processing and distribution costs that individual! The course of a Year never reached $ 4 again, though it came close in 2011 interactive of. The energy industry is performing regards to how the energy industry is performing annual... After adjusting for inflation using the headline CPI and is shown by default a... Price charts that cover individual contract months from years past consumers might have to spend the current month updated... Back to 1946 gas price history by year current level of 2.464, up from 2.403 last week and down from 2.657 Year... Actually most expensive all the way back in 1918 by consumers were above..., retail gas prices Steadily Increase Read more » State gas price Averages single-contract price. Down from 2.657 one Year ago price Averages individual contract months from years past to., the collection includes thousands of single-contract historical price charts gas price history by year cover contract... In addition to continuous charts, the collection includes thousands of single-contract price. Consumers might have to spend down from 2.657 one Year ago much discretionary income consumers might have spend! Nymex ) Crude oil prices - 70 Year historical chart to how the energy industry is performing per gallon but! Of how much discretionary income consumers might have to spend back in 1918 1930 through 2005 that cover individual months. And is shown by default on a logarithmic scale up from 2.403 last week down!