22 thoughts on “Chart of the Day – Gas Prices at the Pump, 2000-2011

  1. I just looked back at the prices in the 80’s and 90’s and they relatively stayed the same (way below $2.00 gal). It is this last decade that the prices started to sky rocket. There is going to be a lot more people quitting their jobs because I’d rather collect unemployment than pay almost $4.00 a gal! It really is robbery and making the hard working American citizens work just to pay their mortgage and gas! Forget about any extra’s! Sad just so sad and there is nothing we can do about it – is there??

    • FOR eVERYONE: copy this and reformat to your localcongressmen/ state representative. get everyone petitioning it.
      AUG/SEPT 2013
      Gas Card
      $300 / month
      theoretically
      gas at 3.63
      $300 / $3.63 = 82.64 gal. a month

      82.64 / 4.33 (weeks in month) = 19.08 gallons a week
      that’s aproximately ONE FULL TANK A WEEK

      not to be used for corporations like pepsi and delivery trucks only individuals going to work and/or school
      With ONE Car per Person/ per family.

      EVERYONE is ELIGIBLE
      This IS NOT JUST for the low income (as food stamps are)
      you make 175,000 you get a card/stipend
      you make 18,000 you get a card/stipend

      you have two cars/ONE PERSON (TWO STIPENDS)
      Two person Family Two Cars (TWO Stipends)

      $300 gas stipend for everyone with job/car.
      — one per person/CAR
      two person/two car/two job household – two available stipends.
      –two person household two job, ONE car – ONE stipends available though that car is double used – used by/for both. (because in the above example the person gets TWO amts– based on CARS

      ONLY available as GASOLINE purchases. (much in the way that computer systems recognize the food stamps card purchase amount for FOOD ONLY, this too will respond the parallell way for GASOLINE)

      any amt that doesnt get used in any given month gets refueled into the fund. It DOES NOT “ROLL OVER” it ‘drops and cuts’ on the 30th/31st at 11:59/midnight and on the first at midnight a new $300 balance will be retained. (the refueling funds, if any, should help with this)

      any questions arising from this and subsequent answers to find are up to you and the other congressional holders of this idea/transformation of society.

      WE NEED THE HELP. Gasoline is way too much of a burden on most. it is a Good chunck of paychecks.
      Especially with the CRAZY PRICE it is.
      I could say yes in 1956 the price of Gas was .18 cents a gallon. By then, the prices of basic commodities was significantly low and were moderately increasing. why, just in 2000 it was even WAAY UNDER $2 /gal. and I was making $7/hr!! low! And i DO REMEMBER it going to .89/.99 gallon in the late 90’s for a MOMENT.

      TRULY TAKE A MOMENT To READ the comments in this web page about gas prices: (copy/paste) http://therionorteline.com/2011/01/20/chart-of-the-day-%E2%80%93-gas-prices-at-the-pump-2000-2011-2/

  2. put a regulation on oil profits per quarter. no company should get a 45 billion dollar profit in a single quarter and say they are experiencing hard times!!!!!!! REALLY!!!!!!!!!!!! i feel for those that drive a good distance to because they enjoy their jobs. my wife is one of them. she has a 2 hour daily commute to and from work. she loves what she does but at these prices inflated prices, how can any american stand for it!! our fore fathers are rolling over right now. it is supposed to a government for the people and by the people and not a government for the oil giants by the pocket liners!!enough is enough!!!!!!!

    • I’m not really aware of any oil company that said that. I would like to point out that the cost of failure in the oil business is high – the Macondo blowout has cost BP over 30 billion to date. It costs about 200 million dollars to bring a well to production and a dry hole costs the same as a productive well. A single FPSO (floating production, storage and offloading vessel) costs between 2 and 3 billion dollars and takes 2 years to build. The tools of the trade are not cheap and this is a risky business.

      Never mind that they also pay billions in taxes and royalties to the US government plus return value to shareholders in stock price and dividends.

      I wish that you could get as angry about your tax dollars that get wasted by government as you do a private company making money in the free market.

      • This would be true if it was actually a free market, and not wealthy oil tycoons fixing Washington in their favor. We live in a plutocracy. Also, the cause of the Macondo blowout was due to a lot of short cuts and errors that piled up and went overlooked because surprise, surprise not enough oversight and regulation.

  3. Prices have never gone down in Mexico. State policy is to rise the price constantly by very small amounts, but very frequently – more than once a week. Also, there are special price rises that are more substantial than the regular rises. The fact that in the US prices can actually come down leaves room for hope, as opposed to the Mexican perpetual rise. Not that it doesn’t suck though.

  4. I for one don’t really understand all the real particulars when it comes to the rise in gas prices. I just know I can’t continuously pour out more money for less product every year. I buy a car that is more fuel efficient and the price of gas goes up. What the hell am I saveing. I was around in the 70’s when they told us the price of gas had to go up because we were running out of oil on the planet. ( Guess that did’nt happen ). Now anytime an oil executive or a shiek sneezes they raise the price again. Enough is enough. I have a pet theory that says the gas producers are raising the price drastically in the summer months to get us use to the price so they can lower it a quarter to make us think we’re getting a deal, then replaying this out again the following summer each time it comes down it comes down to the previous years high. I might be wrong it’s just what I see.

    • Mike: a lot of the gas price rise is due to the devaluation of the US dollar through stupid economic policy. Some studies that I have seen say that up to a third of the current price of gas at the pump is nothing but our currency losing value.

      • World wide traded Commodities are much like gold or silver. In a worldwide market, as a “State” prints more paper money with no commensurate “real value” rise, the paper money already in circulation devalues in comparison to other “hard currencies” such as gold or commodities such as oil, or even corn.

        Bernanke and the Democratic administration understand this. They just do not care. That is why the Democrats are printing $Billions every month. They are Thieves of American’s savings.

    • FOR eVERYONE: copy this and reformat to your localcongressmen/ state representative. get everyone petitioning it.
      AUG/SEPT 2013
      Gas Card
      $300 / month
      theoretically
      gas at 3.63
      $300 / $3.63 = 82.64 gal. a month

      82.64 / 4.33 (weeks in month) = 19.08 gallons a week
      that’s aproximately ONE FULL TANK A WEEK

      not to be used for corporations like pepsi and delivery trucks only individuals going to work and/or school
      With ONE Car per Person/ per family.

      EVERYONE is ELIGIBLE
      This IS NOT JUST for the low income (as food stamps are)
      you make 175,000 you get a card/stipend
      you make 18,000 you get a card/stipend

      you have two cars/ONE PERSON (TWO STIPENDS)
      Two person Family Two Cars (TWO Stipends)

      $300 gas stipend for everyone with job/car.
      — one per person/CAR
      two person/two car/two job household – two available stipends.
      –two person household two job, ONE car – ONE stipends available though that car is double used – used by/for both. (because in the above example the person gets TWO amts– based on CARS

      ONLY available as GASOLINE purchases. (much in the way that computer systems recognize the food stamps card purchase amount for FOOD ONLY, this too will respond the parallell way for GASOLINE)

      any amt that doesnt get used in any given month gets refueled into the fund. It DOES NOT “ROLL OVER” it ‘drops and cuts’ on the 30th/31st at 11:59/midnight and on the first at midnight a new $300 balance will be retained. (the refueling funds, if any, should help with this)

      any questions arising from this and subsequent answers to find are up to you and the other congressional holders of this idea/transformation of society.

      WE NEED THE HELP. Gasoline is way too much of a burden on most. it is a Good chunck of paychecks.
      Especially with the CRAZY PRICE it is.
      I could say yes in 1956 the price of Gas was .18 cents a gallon. By then, the prices of basic commodities was significantly low and were moderately increasing. why, just in 2000 it was even WAAY UNDER $2 /gal. and I was making $7/hr!! low! And i DO REMEMBER it going to .89/.99 gallon in the late 90’s for a MOMENT.

      TRULY TAKE A MOMENT To READ the comments in this web page about gas prices: (copy/paste) http://therionorteline.com/2011/01/20/chart-of-the-day-%E2%80%93-gas-prices-at-the-pump-2000-2011-2/

  5. simple math on the consumer end, i use to manage a gas station, we would get at least 15k gal a day. 15,000 gal reg. unlead x 3.60 (price of fuel a today) $54,000.00, we would get AT LEAST 1 LOAD per day, so take that $54k x 7 is $378,000.00 per week. just for 1 station, i live in a rural area and there are 7 stations within 10 miles of me that stay pretty busy……soooo…….take the $378k x those 7 stations…..and ya get AT LEAST 2.6 mil (low end $2,646,000.00 actual) per week from those 7 stations. that is j some short simple math, i am doing all figures on the low end (giving the oil industry a bit as usual). btw, 1 station 1 15k gal tanker per day is $19,656,000.00 per year, $137,592,000 for the 7 per year at $3.60, remember im leaving out plus, premium and diesel

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