Gasoline

Gasoline prices declined 0.01 US dollars per gallon or 0.35 percent during the last 12 months. Historically, from 1998 until 2013, Gasoline averaged 1.7 US dollars per gallon reaching an all time high of 3.6 US dollars per gallon in July of 2008 and a record low of 0.3 US dollars per gallon in November of 1998. Gasoline is the largest single volume refined product sold in the United States and accounts for almost half of national oil consumption. The NYMEX Division New York harbor unleaded gasoline futures contract and reformulated gasoline blendstock for oxygen blending (RBOB) futures contract trade in units of 42,000 gallons (1,000 barrels). They are based on delivery at petroleum products terminals in the harbor, the major East Coast trading center for imports and domestic shipments from refineries in the New York harbor area or from the Gulf Coast refining centers. This page includes a chart with historical data for Gasoline.