In January 2009 -- just a couple of weeks before Barack Obama's inauguration -- gasoline prices had fallen by nearly half from the previous year. It was only $0.25 per gallon, but today, that amounts to $4.27. Beginning July 26, 2010 publication of Ultra Low Sulfur Diesel (ULSD) price became fully represented by the Diesel Average All Types price. Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. https://www.in2013dollars.com/Gasoline-(all-types)/price-inflation After adjusting for inflation, gas was actually most expensive all the way back in 1918. 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. The average cost of gas over the course of a year never reached $4 again, though it came close in 2011. 1. The current month is updated on an hourly basis with today's latest value. Retail gas prices are important to view in regards to how the energy industry is performing. https://inflationdata.com/articles/historical-gas-price-comparison-chart In addition to continuous charts, the collection includes thousands of single-contract historical price charts that cover individual contract months from years past. Prices paid by consumers were increased above those levels by processing and distribution costs. New Year Sees Gas Prices Steadily Increase Read more » State Gas Price Averages. Highest Gas Prices in U.S. History. 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." That price… ↥ 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. Crude Oil Prices - 70 Year Historical Chart. Additionally, retail gas prices can give a good overview of how much discretionary income consumers might have to spend. 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. 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. 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