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U.S. gasoline price breakdown by cost 2019
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U.S. gasoline price breakdown by cost 2019
Gasoline price breakdown in the United States as of April 2019, by cost*
by M. Garside,
last edited
Sep 6, 2019
As of March 2019, crude oil accounted for a 56 percent share of the retail cost of gasoline in the United States.
U.S. gasoline cost breakdown
The end price that consumers pay for gasoline in the United States is made up from several different costs. As of March 2019, 56 percent of what United States consumers paid per gallon of gasoline was attributable to the cost of crude oil. The rest of the price included costs associated with refining, distribution and marketing, and taxes. The West Coast region of the U.S. had to pay the highest gasoline taxes out of all the regions in the United States, paying 47.21 cents per gallon as of April 2018. In that time period, the southern region of the U.S. paid the lowest gasoline taxes.
U.S. gasoline prices
Since 1980, U.S. gasoline prices have fluctuated greatly. As of the fourth quarter of 2018, the average national gas price was 2.60 U.S. dollars per gallon. Adjusted for inflation, however, the U.S. gasoline cost for end users in 2018 was 1.11 ‘real’ U.S. dollars per gallon. This ‘real’ U.S. dollars figure refers to the purchasing power of one U.S. dollar relative to the period of time between 1982 and 1984.
Gasoline price breakdown in the United States as of April 2019, by cost*
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by M. Garside,
last edited
Sep 6, 2019
As of March 2019, crude oil accounted for a 56 percent share of the retail cost of gasoline in the United States.
U.S. gasoline cost breakdown
The end price that consumers pay for gasoline in the United States is made up from several different costs. As of March 2019, 56 percent of what United States consumers paid per gallon of gasoline was attributable to the cost of crude oil. The rest of the price included costs associated with refining, distribution and marketing, and taxes. The West Coast region of the U.S. had to pay the highest gasoline taxes out of all the regions in the United States, paying 47.21 cents per gallon as of April 2018. In that time period, the southern region of the U.S. paid the lowest gasoline taxes.
U.S. gasoline prices
Since 1980, U.S. gasoline prices have fluctuated greatly. As of the fourth quarter of 2018, the average national gas price was 2.60 U.S. dollars per gallon. Adjusted for inflation, however, the U.S. gasoline cost for end users in 2018 was 1.11 ‘real’ U.S. dollars per gallon. This ‘real’ U.S. dollars figure refers to the purchasing power of one U.S. dollar relative to the period of time between 1982 and 1984.
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- Release date
- May 2019
- Region
- United States
- Survey time period
- April 2019
- Supplementary notes
- * Share of the retail gasoline price of 2.80 U.S. dollars per gallon as of April 2019.
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- Show publisher information
- Release date
- May 2019
More information
- Region
- United States
- Survey time period
- April 2019
- Supplementary notes
- * Share of the retail gasoline price of 2.80 U.S. dollars per gallon as of April 2019.
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