A 103-Year History of Gas Prices in the U.S. #infographic

A 103-Year History of Gas Prices in the U.S. #infographic

Over the years in America, how have gas prices improved? A lot of people are now complaining about high gas prices, but it is easy to see that today's prices are not as bad as we think they are when you look at historical inflation-adjusted prices. PartsGeek.com's 103-Year History of Gas Prices chart looks at the retail price of a gallon of gas per year since 1918 and changes inflation rates to see when gas was really the most expensive in the United States.

It could be surprising to hear that, after inflation correction, the most expensive year for gas was back in 1918! And if the actual cost was just $0.25, today's price would be $4.27. Compare that with the retail price of a gallon of gas in 2020, which was $2.26 as of August.

Many factors, including oil prices, wars, and economic recessions, may affect the price of gas. Although it is unclear how the price of gas could change in the future, it is evident that anything is possible.


A 103-Year History of Gas Prices in the U.S. #infographic

infographic by: www.partsgeek.com


 

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