Weekly Gasoline Price Update: Down Another 9 Cents
Doug Short | Oct 20, 2014 03:29PM ET
It's time again for my weekly gasoline update based on data from the GasBuddy.com , only one state (Hawaii) has Regular above $4.00 per gallon. The highest continental average price is in California at 3.49. Missouri has the cheapest Regular at $2.76.
How far are we from the interim high prices of 2011 and the all-time highs of 2008? Here's a visual answer.
GASO ). WTIC closed today at 82.72.
The volatility in crude oil and gasoline prices has been clearly reflected in recent years in both the Consumer Price Index (CPI) and Personal Consumption Expenditures (PCE). For additional perspective on how energy prices are factored into the CPI, see What Inflation Means to You: Inside the Consumer Price Index .
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Here are some additional commentaries related to gasoline prices:
- Gasoline Volume Sales, Demographics and our Changing Culture
- Vehicle Miles Driven as an Economic Indicator
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