WebDec 31, 2024 · The average price of a gallon of regular gas stood at $2.25 on Thursday, according to AAA, off only a penny from the nine-month highs reached last weekend but up 13 cents from a month ago. WebIn other words, gas costing $3.51 in the year 1970 would cost $37.38 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation for gas was higher. In the year 1970: Pricing changed by 0.83%, which is significantly below the average yearly change for gas during the 1970-2024 time period.
Gasoline prices and outlook - Energy Information Administration
WebMar 14, 2024 · A month later, Illinois Crude Oil was up to $101.92, and West Texas Intermediate (WTI) was selling for $105.42. By April 12 th , Illinois Crude was down to $93.58, with the monthly average at $98.34. In May, … WebA gallon of (leaded) gas in the United States in 1960 cost only 31 cents! That sounds like an incredible bargain until you factor in inflation. 31 cents in 1960 is equivalent to $2.07 in the year 2007. The national average cost … running man sherlock holmes
Crude oil prices - Our World in Data
WebOct 19, 2024 · Median home price (inflation-adjusted to 2024 dollars): $112,941; Price growth since 1950: 42.8%; Median home values rose fastest (43%) in the 1970s from the time the Census started tracking values in the 1940s through the year 2000. The decade saw oil shocks, which caused gas prices to skyrocket and meat prices to go through the … http://www.illinoisgasprices.com/Retail_Price_Chart.aspx WebFeb 13, 2024 · 1960. Price of a gallon of gas: $0.31; In 2024 dollars: $3.01; 1961. ... 2024. Price of a gallon of gas: $2.26; In 2024 dollars: $2.52; 2024. ... 1929-2016” dataset as well as the United States Department of Energy Information Administration’s Retail Gasoline Prices dataset. With gas prices sourced for 1929 through the present day ... running man shinhwa thaisub