Table 3-9: Price Trends of Gasoline v. Other Consumer Goods and Services
Table 3-9: Price Trends of Gasoline v. Other Consumer Goods and Services
| 1960 | 1965 | 1970 | 1975 | 1980 | 1985 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Retail price of regular grade gasoline (cent per 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 | 82.6 | 65.0 | 75.0 | 108.8 | 106.4 |
| State and federal taxesb | 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 | 40.8 | 41.0 | 41.5 | 42.2 | 42.0 |
| 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 | 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 | c148.4 |
| 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 | 177 |
| Food | 30 | 32 | 39 | 60 | 87 | 106 | 132 | 136 | 138 | 141 | 144 | 148 | 153 | 157 | 161 | 164 | 168 | 173 |
| Shelter | 25 | 27 | 36 | 49 | 81 | 110 | 140 | 146 | 151 | 156 | 161 | 166 | 171 | 176 | 182 | 187 | 193 | 200 |
| Apparel and upkeep | 46 | 48 | 59 | 73 | 91 | 105 | 124 | 129 | 132 | 134 | 133 | 132 | 132 | 133 | 133 | 131 | 130 | 127 |
| Motor fuel | 24 | 25 | 28 | 45 | 97 | 99 | 101 | 99 | 99 | 98 | 99 | 100 | 106 | 106 | 92 | 101 | 129 | 125 |
| Medical care | 22 | 25 | 34 | 48 | 75 | 114 | 163 | 177 | 190 | 201 | 211 | 221 | 228 | 235 | 242 | 251 | 261 | 273 |
KEY: N = data do not exist; NA = not applicable.
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.
c Includes only data from January to April.
SOURCES
Retail price of regular grade gasoline except service station prices (including taxes):
1960-65: American Petroleum Institute, Basic Petroleum Data Book (Washington, DC: Annual issues), section VI, table 5, and similar tables in earlier editions.
1970-2001: American Petroleum Institute, How Much We Pay for Gasoline (May 2001) table 2.
Service station price (including taxes):
1960-2001: American Petroleum Institute, How Much We Pay for Gasoline (May 2001) table 3.
Consumer price indices:
1960-2001: 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/.