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Interesting Gas Price Stats

Chief Brody

Chief Brody

"Amity Island Welcomes You"
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The national price per gallon for
1970 = $0.36
1975 = $0.56
1980 = $1.19
1985 = $1.20
1990 = $1.16
1995 = $1.10
1999 = $1.20
2000 = $1.60
2001 = $1.40
2002 = $1.34
2003 = $1.59
2004 = $1.88
2005 = $2.30
2006 = $2.59
2007 = $2.80
2008 = $4.10
2009 = $2.35
2010 = $3.18
2011 = $3.44
2012 = $3.32
2013 = $3.35
2014 = $3.44

So it took gasoline 50 years to go above $1.00 (1980)
It took only 25 years to double again over $2.00 (2005)
It only took 3 years for it to double again $4.10 (2008)
 
I suppose its just coincidence that the prices doubled when a certain president was elected too...:whistle:..I know its not "all" his fault,but it tells me he's allowing oil prices to go as high as demand will bear,regardless of the effects on the economy..

Another factor I never gave much thought too--we're probably consuming a lot less gas than we did back in the 50's thru the 80's...ever since we started importing smaller cars that got double to triple the gas mileage our old big blocks with 4 barrel carbs got,I bet sales have dropped off considerably,unless everyone who sold a big gas hogger bought 3 imports to make up for it..it seems the oil companies answer to less gas being sold is to jack the price up accordingly..:dunno:
 
There are a lot of factors that go into it, including supply and demand, political situations, etc. A more recent influence is the requirement for seasonal blends and ethanol in gas. Not only do manufacturers have to manufacture different blends for every season, but in addition to being subject to price volatility from crude oil, you have to deal with price swings in corn so you can have alcohol in your gas that can negatively impact your car and your fuel economy.
 
diesel4me said:
I suppose its just coincidence that the prices doubled when a certain president was elected too...:whistle:..I know its not "all" his fault,but it tells me he's allowing oil prices to go as high as demand will bear,regardless of the effects on the economy..
Click to expand...

I've always found it funny how people will accuse him of being a socialist or communist, then turn around and say something like this, that obviously screams "capitalism!"

Not accusing you of doing this, just pointing out what I've seen other people (mostly friends of mine) write on FB or say out loud.

The ethanol **** definitely needs to go though. Not only is it more expensive, but it's done more harm to the environment as well. Besides, I don't need that hit to my mpg. 8mpg is bad enough.
 
I'd like 3.44 right now. :(

And yes, the much talked about link between demand and price is BS. Just like winter blend/ summer blend prices, and holiday demand prices. I guess diesel prices follow demand, but gas does not.

I want to see the average PROFIT over the same years from all the gas companies. Regardless of having to meet regulations etc, they seem to do so easily and profitably.
 
We had those swings back in the 60s and 70s...and the price didn't go through the roof....this President publicly said that gas wasn't high enough...he set out to raise the price of energy, coal and gas and he has done it.
the old saying of you can't put the genie back in the bottle is true...the OPEC lice are now accustomed to these new higher profits

Another thing that is driving it up is this fake, fixed artificial Stock Market with speculators betting of the futures of Petrols...and don't kid yourself, a large majority of the speculators also have control of the oil prices either directly or indirectly

Like it or not, Obama said that the cost of fossil fuels should skyrocket to push us into "alternate energies".
 
Chief Brody said:
Another thing that is driving it up is this fake, fixed artificial Stock Market with speculators betting of the futures of Petrols...and don't kid yourself, a large majority of the speculators also have control of the oil prices either directly or indirectly
Click to expand...

I've been saying for years that this should be illegal. Capitalism be damned on this one.

There was an article I read several years back where they were talking about a corporation that would sit oil tankers offshore (here in the U.S.) for months at a time. The entire board invested heavily in crude oil speculation. Guess what sitting the oil offshore did? That's right, it increased prices because other speculators were seeing reduced supply. All the while, these crooks were making money hand over fist. Apparently, this isn't in violation of any SEC codes, and it's not insider trading. Again, this should be illegal.
 
digitalepiphany said:
I've been saying for years that this should be illegal. Capitalism be damned on this one.

There was an article I read several years back where they were talking about a corporation that would sit oil tankers offshore (here in the U.S.) for months at a time. The entire board invested heavily in crude oil speculation. Guess what sitting the oil offshore did? That's right, it increased prices because other speculators were seeing reduced supply. All the while, these crooks were making money hand over fist. Apparently, this isn't in violation of any SEC codes, and it's not insider trading. Again, this should be illegal.
Click to expand...

It's worse than insider information...it's manipulation...like burning full fields of corn to keep the price up...it is criminal...unethical...and should be prosecuted...but there is no rule of Law anymore
 
I'd like to know from where the numbers in the OP were sourced. I don't think the $4+ price for '08 is accurate. Fuel spiked up very high for a couple months at the beginning of the summer. I remember paying $5/ gal. for diesel a couple times. But the prices dropped just as fast before the summer was over. IIRC, gas was back down to $1.85 by the end of the year.
 
LOS ANGELES (KABC) -- California's gas prices are the highest in the nation Saturday. They jumped overnight to an average of $4.61 a gallon, tying the record average high for California set in June 2008.

Prices are expected to increase even more over the next few days before leveling off within about a week, but Southland drivers don't know how much more they can take.

A Mobil station in Studio City broke the $5 mark, selling a gallon of regular unleaded for $5.09 and $5.29 for premium.
 
I always chuckle at the whole "big evil oil doubling the price, blah, blah" schtuff... ummm, hello, OPEC?

the oil companies aren't really setting prices.. the market/OPEC barrel price is.. and that's determined by demand, speculation, aliens, etc...

now.. in recent yr's, coughobummertreehuggerhippiesruntheworldglobalwarmingfossilfuelisevilcough approach to the world, certainly is never gonna allow gas prices to go back under $3 a gallon again.. throw in China, India, etc burning like us in the 50's to the mix...
 
Here is the man's approach to coal...it's the same to gasoline...

 
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Bottom line is that gas will never be under $3.00 again and I just don't believe that there is a good reason for it....
 
next time you have the opportunity to, just punch a hippie in the mouth.. it's a start....
 
I get more belligerent about it daily..

f*ck you I like my hotrods and wont feel guilty about it.....

I don't mind tech headed in that direction, but force it down my throat and I'm gonna puke on ya.. :deal:
 
it is not beyond belief that the over-powered EPA could eventually make it so expensive to own and drive rigs like ours that we would have no choice...
maybe tax us so high for a license to operate...also, we don't have to meet emissions standards in Alabama, but they could impose harsh restrictions to where nothing but a green car could pass...
 
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