Prices by year

Gas prices by year

Last updated November 2, 2026

A gallon of regular gas cost $4.48 in September 2026, up 34.2% from a year earlier. In 2000 the average was $1.51, about $2.95 in today's dollars.

Adjust any amount for inflation

Every year since 1976

  • Price at the time
  • In September 2026 dollars
Gas prices by year, 1976 to 2025, at the time and in today's dollars$0$2.00$4.00$6.00197619861996200620162025
YearAverage priceIn today's dollars
2025$3.26$3.41
2024$3.45$3.70
2023$3.66$4.05
2022$4.09$4.71
2021$3.05$3.79
2020$2.17$2.83
2019$2.64$3.47
2018$2.74$3.67
2017$2.41$3.31
2016$2.14$3.01
2015$2.45$3.48
2014$3.37$4.79
2013$3.53$5.10
2012$3.64$5.35
2011$3.53$5.28
2010$2.79$4.31
2009$2.35$3.69
2008$3.27$5.11
2007$2.80$4.55
2006$2.59$4.33
2005$2.30$3.96
2004$1.88$3.35
2003$1.59$2.91
2002$1.36$2.54
2001$1.46$2.78
2000$1.51$2.95
1999$1.17$2.36
1998$1.06$2.19
1997$1.23$2.59
1996$1.23$2.64
1995$1.15$2.54
1994$1.11$2.53
1993$1.11$2.58
1992$1.13$2.70
1991$1.14$2.82
1990$1.16$3.00
1989$1.02$2.78
1988$0.95$2.70
1987$0.95$2.81
1986$0.93$2.85
1985$1.20$3.77
1984$1.21$3.93
1983$1.24$4.20
1982$1.30$4.53
1981$1.38$5.11
1980$1.25$5.09
1979$0.90$4.19
1978$0.67$3.46
1977$0.66$3.65
1976$0.61$3.64

Yearly averages of monthly U.S. city average prices; a year counts once BLS published at least 10 of its months. Today's dollars use the all-items CPI to September 2026.

Against inflation

SinceGas pricesAll prices
2000up 197%up 96%
1976up 630%up 492%

Since 2000, gas prices outpaced inflation; since 1976, gas prices outpaced it.

Biggest yearly jumps

  1. 2021: up 40.3% from 2020 ($2.17 to $3.05)
  2. 1980: up 37.9% from 1979 ($0.90 to $1.25)
  3. 1979: up 34.8% from 1978 ($0.67 to $0.90)

Minutes of work

At the average hourly wage of production and nonsupervisory workers, a gallon of regular gas took 7.3 minutes of work in 1976 ($5.06 an hour) and 8.3 minutes in September 2026 ($32.54 an hour).

What moved gas prices

Gas prices jumped 34.8% in 1979 and 37.9% in 1980 during the 1979 oil crisis, which BLS ties to lower U.S. crude output, Middle East instability and OPEC production cuts; refiners passed crude oil increases through into early 1980. Prices fell 28.0% in 2009, when EIA says crude oil prices dropped 37% after adjusting for inflation, and 27.3% in 2015, when EIA called lower crude prices the main cause. In 2021 they rebounded 40.3% on rising crude prices and gasoline demand. Over the year to September 2026 gas rose 34.2% to $4.48 a gallon after a Middle East conflict that began on February 28, 2026, effectively closed the Strait of Hormuz and constrained oil exports.

Reviewed October 17, 2026. Sources:

Sources

General information, not financial advice.