Eco-Living Magazine

Five Friday Facts: The Price of Gasoline

Posted on the 07 July 2012 by 2ndgreenrevolution @2ndgreenrev

Five Friday Facts: The Price of GasolineThis week’s facts come from a March 2012 infographic (seen below) produced by NPR with data from the Energy Information Administration:

  • Americans consume 300 million gallons of gasoline every day
  • Average price for a gallon of gas in the US since 1980: $2.30*
  • Record high price for a gallon of gas (in the US): $4.21, July 2008*
  • Federal taxes account for 18.4 cents (and state taxes 22.68 cents on average) for each gallon of gasoline
  • The United States consumes 42.2% of the world’s gasoline
  • Bonus fact: 0 refineries have been built and more than 100 shut down since 1976**

* Adjusted for inflation to 2012 dollars
** The location of the refiners is not stated

Image source: Metropolitan Museum of Art


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