| Historical Yearly Average California Gasoline Prices per Gallon 1970 to 2007 Based on 2007 Dollars, Adjusted for Inflation (Gross Domestic Product Implicit Price Deflator) |
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| Year | Yearly Average Norminal Price (Dollars) |
Peak Price | Price Deflator (2007=100) |
Yearly Average Adjusted for Inflation (Dollars) |
Peak Price Adjusted for Inflation (Dollars) |
| 1970 | 0.342 | 23.03 | 1.483 | ||
| 1971 | 0.358 | 24.18 | 1.479 | ||
| 1972 | 0.349 | 25.23 | 1.383 | ||
| 1973 | 0.386 | 26.64 | 1.448 | ||
| 1974 | 0.528 | 29.05 | 1.817 | ||
| 1975 | 0.587 | 31.78 | 1.846 | ||
| 1976 | 0.610 | 33.62 | 1.814 | ||
| 1977 | 0.647 | 35.75 | 1.809 | ||
| 1978 | 0.653 | 38.26 | 1.706 | ||
| 1979 | 0.896 | 41.44 | 2.161 | ||
| 1980 | 1.228 | 45.20 | 2.717 | ||
| 1981 | 1.346 | 1.432 | 49.45 | 2.722 | 2.896 |
| 1982 | 1.246 | 52.47 | 2.375 | ||
| 1983 | 1.116 | 54.53 | 2.047 | ||
| 1984 | 1.129 | 56.58 | 1.995 | ||
| 1985 | 1.115 | 58.31 | 1.911 | ||
| 1986 | 0.874 | 59.59 | 1.467 | ||
| 1987 | 0.886 | 61.22 | 1.446 | ||
| 1988 | 0.905 | 63.31 | 1.429 | ||
| 1989 | 0.973 | 65.70 | 1.481 | ||
| 1990 | 1.090 | 68.25 | 1.597 | ||
| 1991 | 1.153 | 70.63 | 1.632 | ||
| 1992 | 1.100 | 72.25 | 1.522 | ||
| 1993 | 1.224 | 73.92 | 1.655 | ||
| 1994 | 1.210 | 75.49 | 1.603 | ||
| 1995 | 1.215 | 1.282 | 77.04 | 1.577 | 1.664 |
| 1996 | 1.312 | 1.549 | 78.50 | 1.671 | 1.973 |
| 1997 | 1.345 | 1.449 | 79.81 | 1.685 | 1.816 |
| 1998 | 1.174 | 1.301 | 80.69 | 1.455 | 1.612 |
| 1999 | 1.373 | 1.637 | 81.86 | 1.677 | 2.000 |
| 2000 | 1.723 | 1.849 | 83.64 | 2.060 | 2.211 |
| 2001 | 1.632 | 1.954 | 85.65 | 1.905 | 2.281 |
| 2002 | 1.514 | 1.622 | 87.15 | 1.737 | 1.861 |
| 2003 | 1.831 | 2.145 | 89.00 | 2.057 | 2.410 |
| 2004 | 2.120 | 2.402 | 91.55 | 2.316 | 2.624 |
| 2005 | 2.473 | 3.056 | 94.51 | 2.617 | 3.233 |
| 2006 | 2.809 | 3.332 | 97.50 | 2.881 | 3.417 |
| 2007 | 3.077 | 3.461 | 100.00 | 3.077 | 3.461 |
Sources:
California Energy Commission, Fuels and Transportation Division, Fossil Fuels Office
Deflator Series: Moody's Economy.com, December 12, 2007
1981 peak price: For August 1981 per the U.S. Bureau of Labor Statistics, as reported in the Energy Commission's 1983 Annual Petroleum Review Vol. 1, p 88
Updated prices from Energy Information Administration, Weekly Retail Gasoline and Diesel Prices
website: http://tonto.eia.doe.gov/dnav/pet/pet_pri_gnd_dcus_nus_w.htm
Peak Prices:
1995 Week of May 22, 1995
1996 Week of May 6, 1996
1997 Week of September 15, 1997
1998 Week of January 5, 1998
2007 Week of May 7, 2007