Gasoline Prices: Down a Dollar from last year on Memorial Day
According to Gasbuddy.com (see graph at bottom), gasoline prices are down to a national average of $2.75 per gallon. One year ago for the week of Memorial Day, prices were at $3.75 per gallon, and for the same week two years ago prices were $3.70 per gallon.
Ten years ago, price were at $2.17 per gallon, and fifteen years ago at $1.57.
According to Bloomberg, WTI oil is at $59.40 per barrel, and Brent is at $65.37 per barrel. Last year on Memorial Day, Brent was at $110.01 per barrel, and two years ago Brent was at $103.77.
Note: If you click on "show crude oil prices", the graph displays oil prices for WTI, not Brent; gasoline prices in most of the U.S. are impacted more by Brent prices.
from Calculated Risk http://www.calculatedriskblog.com/2015/05/gasoline-prices-down-dollar-from-last.html
Ten years ago, price were at $2.17 per gallon, and fifteen years ago at $1.57.
| Memorial Day | Weekly Average Gasoline Price |
|---|---|
| 29-May-00 | $1.57 |
| 28-May-01 | $1.74 |
| 27-May-02 | $1.43 |
| 26-May-03 | $1.53 |
| 31-May-04 | $2.10 |
| 30-May-05 | $2.17 |
| 29-May-06 | $2.94 |
| 28-May-07 | $3.25 |
| 26-May-08 | $3.99 |
| 25-May-09 | $2.49 |
| 31-May-10 | $2.84 |
| 30-May-11 | $3.90 |
| 28-May-12 | $3.73 |
| 27-May-13 | $3.70 |
| 26-May-14 | $3.75 |
| 25-May-15 | $2.75 |
According to Bloomberg, WTI oil is at $59.40 per barrel, and Brent is at $65.37 per barrel. Last year on Memorial Day, Brent was at $110.01 per barrel, and two years ago Brent was at $103.77.
Note: If you click on "show crude oil prices", the graph displays oil prices for WTI, not Brent; gasoline prices in most of the U.S. are impacted more by Brent prices.
| Orange County Historical Gas Price Charts Provided by GasBuddy.com |
from Calculated Risk http://www.calculatedriskblog.com/2015/05/gasoline-prices-down-dollar-from-last.html
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