Tuesday, November 16, 2021

US Average Regular Gasoline 1021


Gasoline prices dropped in 2019 and 2020 as the US increased its domestic oil production to become energy independent. Gasoline prices increased in 2021 as the US lowered its domestic oil production to pursue wind and solar in compliance with the UN and EU demand to reduce carbon. 

https://ycharts.com/indicators/us_gas_price

Oct  2021    3.48

Sep  2021   3.26

Aug  2021   3.06

Jul    2021   3.04

Jun   2021   2.96

May  2021   2.89

Apr   2021   2.77

Mar  2021   2.73

Feb  2021   2.41

Jan  2021   2.24

Dec 2020   2.11

Nov 2020   2.02

Oct  2020   2.07

Sep 2020   2.10

Aug 2020   2.09

Jul   2020   2.10

Jun  2020   2.00

May 2020  1.77

April 2020  1.72

Mar  2020   2.13

Feb  2020   2.35

Jan  2020   2.46

Dec  2019   2.47

Nov  2019   2.48

Oct   2019   2.50

Sep  2019   2.49

Aug  2019   2.52

Jul    2019   2.64

Jun   2019   2.60

May  2019   2.73

Apr   2019   2.69

Mar  2019   2.44

Feb  2019   2.22

Jan  2019   2.15

https://www.statista.com/statistics/204133/retail-prices-of-motor-fuel-in-the-united-states-since-2009/

In 2020, the US exported more oil than it imported. In 2021 the US is expected to import 3.7MBBL and increase imports to 4.4MBBL in 2022.

https://dailyenergyinsider.com/news/29194-united-states-exported-more-petroleum-than-it-imported-in-2020-according-to-eia/

Norb Leahy, Dunwoody GA Tea Party Leader

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