The 'Real" Price of Gasoline Using 2019 Dollars
Year |
Share of GDP |
GDP Deflator |
CPI |
GDP Per Capita |
Unskilled Wage |
Manufacturing Workers Comp. |
Consumer Bundle |
Nominal Price of Gasoline |
1929 |
43.02 |
2.50 |
3.13 |
15.96 |
10.89 |
13.17 |
6.51 |
0.21 |
1930 |
46.48 |
2.47 |
3.06 |
17.43 |
10.55 |
12.28 |
6.94 |
0.20 |
1931 |
47.06 |
2.34 |
2.85 |
17.79 |
9.34 |
10.72 |
6.86 |
0.17 |
1932 |
64.82 |
2.81 |
3.37 |
24.65 |
11.34 |
13.06 |
9.09 |
0.18 |
1933 |
67.43 |
2.89 |
3.55 |
25.80 |
11.31 |
13.21 |
9.74 |
0.18 |
1934 |
60.95 |
2.89 |
3.63 |
23.46 |
10.02 |
11.67 |
9.30 |
0.19 |
1935 |
54.87 |
2.84 |
3.54 |
21.27 |
9.68 |
11.34 |
8.70 |
0.19 |
1936 |
48.01 |
2.80 |
3.50 |
18.73 |
9.55 |
11.18 |
8.70 |
0.19 |
1937 |
46.08 |
2.83 |
3.56 |
18.09 |
8.84 |
10.27 |
8.46 |
0.20 |
1938 |
49.03 |
2.91 |
3.63 |
19.40 |
8.60 |
10.11 |
8.73 |
0.20 |
1939 |
43.59 |
2.79 |
3.50 |
17.39 |
8.06 |
9.61 |
7.89 |
0.19 |
1940 |
37.48 |
2.61 |
3.28 |
15.07 |
7.43 |
8.69 |
7.02 |
0.18 |
1941 |
31.49 |
2.58 |
3.30 |
12.79 |
7.03 |
8.31 |
6.57 |
0.19 |
1942 |
25.82 |
2.52 |
3.14 |
10.60 |
6.52 |
7.53 |
6.50 |
0.20 |
1943 |
22.16 |
2.53 |
3.10 |
9.22 |
6.20 |
6.93 |
6.42 |
0.21 |
1944 |
20.05 |
2.47 |
3.05 |
8.45 |
5.94 |
6.47 |
6.07 |
0.21 |
1945 |
19.74 |
2.41 |
2.98 |
8.41 |
5.78 |
6.41 |
5.55 |
0.21 |
1946 |
19.78 |
2.14 |
2.75 |
8.51 |
5.22 |
6.01 |
4.36 |
0.21 |
1947 |
19.75 |
2.11 |
2.63 |
8.66 |
5.06 |
5.73 |
4.26 |
0.23 |
1948 |
20.30 |
2.25 |
2.76 |
9.06 |
5.35 |
5.97 |
4.58 |
0.26 |
1949 |
21.23 |
2.34 |
2.89 |
9.64 |
5.34 |
5.98 |
4.82 |
0.27 |
1950 |
19.30 |
2.32 |
2.87 |
8.91 |
5.10 |
5.64 |
4.58 |
0.27 |
1951 |
16.68 |
2.16 |
2.66 |
7.83 |
4.71 |
5.08 |
4.35 |
0.27 |
1952 |
15.75 |
2.13 |
2.60 |
7.53 |
4.45 |
4.77 |
4.19 |
0.27 |
1953 |
14.87 |
2.10 |
2.58 |
7.22 |
4.16 |
4.50 |
3.99 |
0.27 |
1954 |
15.91 |
2.24 |
2.76 |
7.87 |
4.26 |
4.76 |
4.18 |
0.29 |
1955 |
14.60 |
2.20 |
2.77 |
7.35 |
4.09 |
4.58 |
3.92 |
0.29 |
1956 |
13.83 |
2.13 |
2.73 |
7.08 |
3.90 |
4.34 |
3.79 |
0.29 |
1957 |
13.56 |
2.13 |
2.72 |
7.07 |
3.84 |
4.33 |
3.75 |
0.30 |
1958 |
13.80 |
2.15 |
2.74 |
7.32 |
3.79 |
4.20 |
3.78 |
0.31 |
1959 |
12.32 |
2.05 |
2.63 |
6.64 |
3.52 |
3.96 |
3.46 |
0.30 |
1960 |
12.25 |
2.09 |
2.68 |
6.74 |
3.51 |
3.95 |
3.49 |
0.31 |
1961 |
11.82 |
2.07 |
2.65 |
6.61 |
3.39 |
3.86 |
3.49 |
0.31 |
1962 |
11.00 |
2.05 |
2.62 |
6.25 |
3.28 |
3.70 |
3.39 |
0.31 |
1963 |
10.42 |
2.02 |
2.59 |
6.00 |
3.18 |
3.54 |
3.27 |
0.31 |
1964 |
9.39 |
1.93 |
2.47 |
5.49 |
2.99 |
3.36 |
3.01 |
0.30 |
1965 |
8.66 |
1.89 |
2.43 |
5.12 |
2.90 |
3.24 |
2.87 |
0.30 |
1966 |
8.17 |
1.90 |
2.44 |
4.89 |
2.89 |
3.19 |
2.81 |
0.31 |
1967 |
7.97 |
1.91 |
2.45 |
4.82 |
2.84 |
3.15 |
2.81 |
0.32 |
1968 |
7.52 |
1.89 |
2.42 |
4.59 |
2.77 |
3.03 |
2.73 |
0.33 |
1969 |
7.16 |
1.86 |
2.37 |
4.42 |
2.69 |
2.96 |
2.67 |
0.34 |
1970 |
6.99 |
1.81 |
2.30 |
4.36 |
2.59 |
2.88 |
2.62 |
0.35 |
1971 |
6.62 |
1.78 |
2.27 |
4.19 |
2.47 |
2.73 |
2.55 |
0.36 |
1972 |
6.03 |
1.70 |
2.20 |
3.85 |
2.30 |
2.54 |
2.40 |
0.36 |
1973 |
5.41 |
1.61 |
2.07 |
3.49 |
2.16 |
2.35 |
2.40 |
0.36 |
1974 |
5.41 |
1.60 |
2.02 |
3.52 |
2.18 |
2.32 |
2.44 |
0.39 |
1975 |
6.74 |
1.99 |
2.52 |
4.43 |
2.72 |
2.85 |
3.05 |
0.53 |
1976 |
6.52 |
2.03 |
2.56 |
4.33 |
2.67 |
2.82 |
3.03 |
0.57 |
1977 |
6.07 |
1.98 |
2.49 |
4.07 |
2.56 |
2.67 |
2.89 |
0.59 |
1978 |
5.65 |
1.95 |
2.43 |
3.83 |
2.49 |
2.58 |
2.79 |
0.62 |
1979 |
5.14 |
1.83 |
2.22 |
3.52 |
2.33 |
2.44 |
2.60 |
0.63 |
1980 |
6.45 |
2.29 |
2.67 |
4.47 |
2.89 |
3.05 |
3.37 |
0.86 |
1981 |
7.95 |
2.89 |
3.35 |
5.57 |
3.69 |
3.85 |
4.44 |
1.19 |
1982 |
8.39 |
3.00 |
3.47 |
5.93 |
3.86 |
3.93 |
4.75 |
1.31 |
1983 |
7.19 |
2.68 |
3.13 |
5.13 |
3.45 |
3.52 |
4.06 |
1.22 |
1984 |
6.16 |
2.46 |
2.85 |
4.43 |
3.16 |
3.19 |
3.35 |
1.16 |
1985 |
5.58 |
2.33 |
2.68 |
4.05 |
2.98 |
2.93 |
3.05 |
1.13 |
1986 |
5.24 |
2.26 |
2.61 |
3.84 |
2.90 |
2.81 |
2.98 |
1.12 |
1987 |
3.80 |
1.69 |
1.94 |
2.81 |
2.18 |
2.13 |
2.23 |
0.86 |
1988 |
3.68 |
1.71 |
1.95 |
2.75 |
2.19 |
2.14 |
2.20 |
0.90 |
1989 |
3.42 |
1.65 |
1.86 |
2.57 |
2.12 |
2.08 |
2.05 |
0.90 |
1990 |
3.59 |
1.76 |
1.96 |
2.74 |
2.26 |
2.25 |
2.23 |
1.00 |
1991 |
3.97 |
1.95 |
2.14 |
3.06 |
2.49 |
2.47 |
2.44 |
1.14 |
1992 |
3.71 |
1.89 |
2.06 |
2.90 |
2.40 |
2.34 |
2.40 |
1.13 |
1993 |
3.47 |
1.81 |
1.96 |
2.75 |
2.30 |
2.23 |
2.29 |
1.11 |
1994 |
3.26 |
1.77 |
1.91 |
2.62 |
2.24 |
2.17 |
2.22 |
1.11 |
1995 |
3.23 |
1.80 |
1.93 |
2.62 |
2.25 |
2.23 |
2.26 |
1.15 |
1996 |
3.26 |
1.89 |
2.00 |
2.68 |
2.32 |
2.36 |
2.31 |
1.23 |
1997 |
3.07 |
1.86 |
1.96 |
2.55 |
2.24 |
2.20 |
2.24 |
1.23 |
1998 |
2.51 |
1.58 |
1.66 |
2.11 |
1.87 |
1.89 |
1.89 |
1.06 |
1999 |
2.60 |
1.72 |
1.80 |
2.21 |
2.00 |
2.02 |
2.01 |
1.17 |
2000 |
3.16 |
2.17 |
2.24 |
2.71 |
2.48 |
2.52 |
2.52 |
1.51 |
2001 |
2.96 |
2.06 |
2.11 |
2.57 |
2.26 |
2.44 |
2.34 |
1.46 |
2002 |
2.66 |
1.89 |
1.93 |
2.34 |
2.08 |
2.09 |
2.12 |
1.36 |
2003 |
2.97 |
2.16 |
2.21 |
2.63 |
2.35 |
2.39 |
2.47 |
1.59 |
2004 |
3.30 |
2.49 |
2.54 |
2.94 |
2.78 |
2.64 |
2.75 |
1.88 |
2005 |
3.78 |
2.96 |
3.01 |
3.41 |
3.33 |
3.11 |
3.14 |
2.30 |
2006 |
4.02 |
3.23 |
3.28 |
3.65 |
3.66 |
3.44 |
3.39 |
2.59 |
2007 |
4.15 |
3.40 |
3.45 |
3.81 |
3.87 |
3.61 |
3.58 |
2.80 |
2008 |
4.76 |
3.90 |
3.88 |
4.41 |
4.27 |
4.09 |
4.11 |
3.27 |
2009 |
3.49 |
2.78 |
2.80 |
3.26 |
3.06 |
2.91 |
3.04 |
2.35 |
2010 |
3.99 |
3.26 |
3.27 |
3.76 |
3.72 |
3.41 |
3.68 |
2.79 |
2011 |
4.87 |
4.04 |
4.01 |
4.62 |
4.63 |
4.25 |
4.50 |
3.53 |
2012 |
4.82 |
4.09 |
4.06 |
4.61 |
4.58 |
4.34 |
4.49 |
3.64 |
2013 |
4.50 |
3.89 |
3.87 |
4.33 |
4.42 |
4.09 |
4.37 |
3.53 |
2014 |
4.12 |
3.65 |
3.64 |
3.99 |
4.08 |
3.71 |
3.99 |
3.37 |
2015 |
2.88 |
2.63 |
2.64 |
2.81 |
2.95 |
2.59 |
2.77 |
2.45 |
2016 |
2.45 |
2.27 |
2.28 |
2.41 |
2.52 |
2.17 |
2.37 |
2.14 |
2017 |
2.64 |
2.52 |
2.51 |
2.62 |
2.74 |
2.41 |
2.54 |
2.41 |
2018 |
2.85 |
2.78 |
2.78 |
2.83 |
2.92 |
2.76 |
2.83 |
2.74 |
2019 |
2.64 |
2.64 |
2.64 |
2.64 |
2.64 |
2.64 |
2.64 |
2.64 |