Americans frequently lament about the cost of gas. However, the numbers show that gas prices have been on the decline in the U.S. in the last few years. On average, Americans haven’t paid more than $3 per gallon since 2014, and the highest national average was back in 2008. When you adjust past gas prices for inflation, it’s clear that today's prices may not be all that bad for drivers.
The following infographic from PartsGeek outlines the retail price of a gallon of gas in the United States for the past 103 years, and the results are surprising. After adjusting the numbers for inflation, the most expensive year for gas was more than 100 years ago back in 1918. The retail price was just $0.25 per gallon but adjusted to today’s dollars, that comes to $4.27. While gas prices may fluctuate through the years, it’s important to remember how much of role inflation plays.
Infographic by: www.partsgeek.com
