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

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  1960 1965 1970 1975 1980 1985 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000
Retail price of regular grade gasoline (/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 R82.6 R65.0 75.0 108.8
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 R40.8 R41.0 41.5 42.2
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 
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
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
Food 30 32 39 60 87 106 132 136 138 141 144 148 153 157 161 164 168
Shelter 25 27 36 49 81 110 140 146 151 156 161 166 171 176 182 187 193
Apparel and upkeep 46 48 59 73 91 105 124 129 132 134 133 132 132 133 133 131 130
Motor fuelR 24 25 28 45 97 99 101 99 99 98 99 100 106 106 92 101 129
Medical care 22 25 34 48 75 114 163 177 190 201 211 221 228 235 242 251 261

KEY: N = data do not exist; NA = not applicable; R = revised.

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.

SOURCES:

Retail price of regular grade gasoline except service station prices (including taxes):

1960-1998: American Petroleum Institute, Basic Petroleum Data Book (Washington, DC: Annual issues), section VI, table 5, and similar tables in earlier editions.

1999-2000: American Petroleum Institute, "How Much We pay for Gasoline" (May 2001) table 2.

Service station price (including taxes):

1960-1998: U.S. Department of Energy, Energy Information Administration, Annual Energy Review 1998, DOA/EIA-0384(97) (Washington, DC: July 1999), table 5.22. Also available at Internet site http://www.eia.doe.gov/pub/energy.overview/aer98/txt/aer0522.txt.

1999-2000: American Petroleum Institute, "How Much We Pay for Gasoline" (May 2001) table 3.

Consumer price indices:

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/.