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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  1980 1985 1990 1995 1996 1997 1998 1999 2000 2001 2002 2003
Retail price of motor gasoline, all types (constant 2005 dollars per gallon)                        
Total service station price 2.76 2.07 1.73 1.47 1.53 1.50 1.27 1.37 1.69 1.61 1.49 1.62
Service station price excluding taxes 2.45 1.69 4.35 0.98 1.05 1.03 0.80 0.91 1.23 1.17 1.06 1.19
Average motor fuel taxesa 0.31 0.38 0.38 0.49 0.48 0.47 0.47 0.46 0.46 0.44 0.43 0.43
Retail price of motor gasoline, all types (current dollars per gallon)                        
Total service station price 1.22 1.20 1.22 1.21 1.29 1.29 1.12 1.22 1.56 1.53 1.44 1.64
Consumer price indices (1982-84 = 100)                        
All items 82 108 131 152 157 161 163 167 172 177 180 184
Food 87 106 132 148 153 157 161 164 168 173 176 180
Shelter 81 110 140 166 171 176 182 187 193 201 208 213
Apparel 91 105 124 132 132 133 133 131 130 127 124 121
Motor fuel 97 99 101 100 106 106 92 101 129 125 117 136
Medical care 75 114 163 221 228 235 242 251 261 273 286 297

a State and federal taxes are weighted averages computed by the American Petroleum Institute, based on gasoline sold in the 50 states. Local taxes are excluded, but additional state sales taxes levied on motor fuel are included.

SOURCES

Retail price (constant 2005 dollar):

American Petroleum Institute, Policy Analysis and Statistics, personal communication, May 13, 2005.

Retail price (current dollar):

1970-75: U.S. Department of Energy, Energy Information Agency, Annual Energy Review 2003 (Washington, DC: 2004), table 5.24, Internet site http://www.eia.doe.gov as of Sep. 7, 2004.

1980-2004: Ibid., Monthly Energy Review (Washington, DC: March 2005), table 9.4, Internet site http://www.eia.doe.gov as of Mar. 31, 2005.

Consumer price indices:

Council of Economic Advisors, Economic Report of the President 2005 (Washington, DC: Annual Issues), tables B-60 and B-61, Internet site http://www.gpoaccess.gov/eop/download.html as of Mar. 1, 2005.