Claim: U.S. gas prices averaged well over $5 per gallon under the administration of U.S. President Barack Obama and Vice President Joe Biden. This continuous historical price chart for Natural Gas futures (NG, NYMEX) is part of a huge collection of historical charts that covers decades of North America futures / commodity trading. Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. Oil Market and Gas Price History by President FOREX.com September 2, 2020 9:09 AM ... "Changes in U.S. gasoline prices over the past 10 years have predominantly been due to market factors rather than U.S. federal economic or energy policies." The average cost of gas over the course of a year never reached $4 again, though it came close in 2011. The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. US Retail Gas Price is at a current level of 2.464, up from 2.403 last week and down from 2.657 one year ago. Additionally, retail gas prices can give a good overview of how much discretionary income consumers might have to spend. https://www.in2013dollars.com/Gasoline-(all-types)/price-inflation The chart shows a 75-year history of annual United States natural gas production and average wellhead prices from 1930 through 2005. In addition to continuous charts, the collection includes thousands of single-contract historical price charts that cover individual contract months from years past. That price… New Year Sees Gas Prices Steadily Increase Read more » State Gas Price Averages. Beginning July 26, 2010 publication of Ultra Low Sulfur Diesel (ULSD) price became fully represented by the Diesel Average All Types price. After adjusting for inflation, gas was actually most expensive all the way back in 1918. https://inflationdata.com/articles/historical-gas-price-comparison-chart Prices paid by consumers were increased above those levels by processing and distribution costs. ↥ Recent weekly prices (year 2000 and after) for regular gasoline from U.S. Department of Energy: DOE Gas prices 1973-1999 from Bureau of Labor Statistics (BLS ) Gas price before 1973 (annual) from DOE Consumer price index from BLS – U.S. All items, 1982-84=100 – CUUR0000SA0 1. Retail gas prices are important to view in regards to how the energy industry is performing. Crude Oil Prices - 70 Year Historical Chart. The current month is updated on an hourly basis with today's latest value. Highest Gas Prices in U.S. History. It was only $0.25 per gallon, but today, that amounts to $4.27. 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