Gasoline Price Changes - Federal Trade Commission
Gasoline Price Changes - Federal Trade Commission
Gasoline Price Changes - Federal Trade Commission
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GASOLINE PRICE CHANGES:<br />
Table 4-1: Annual Average Real (2004 Dollars) Retail <strong>Gasoline</strong> <strong>Price</strong>s By PADD,<br />
Cents per Gallon Without Taxes (1984-2004)<br />
Year<br />
PADD I: East<br />
Coast<br />
PADD II: Midwest<br />
PADD III: Gulf<br />
Coast<br />
PADD IV: Rockies<br />
PADD V: West<br />
Coast<br />
1984 146.5 147.3 147.5 146.4 148.0<br />
1985 145.0 143.6 142.1 144.7 141.8<br />
1986 99.2 96.0 95.9 96.6 101.8<br />
1987 103.4 100.3 99.2 101.9 101.0<br />
1988 101.2 95.8 96.7 96.5 99.4<br />
1989 109.4 104.6 104.6 106.2 107.7<br />
1990 121.8 117.7 119.7 117.7 119.9<br />
1991 107.4 103.1 105.5 102.8 98.6<br />
1992 99.7 95.6 98.1 104.2 107.0<br />
1993 92.6 89.5 92.1 98.5 101.6<br />
1994 87.8 85.9 86.8 95.5 95.7<br />
1995 90.7 87.0 89.7 94.7 96.2<br />
1996 96.3 95.7 95.4 104.0 107.4<br />
1997 93.6 92.2 91.5 103.2 105.4<br />
1998 72.7 72.9 71.4 82.2 83.7<br />
1999 81.6 82.0 79.6 92.0 100.4<br />
2000 116.4 118.3 112.6 122.5 128.9<br />
2001 104.3 109.3 101.5 115.3 120.8<br />
2002 96.7 98.7 94.3 102.4 104.9<br />
2003 114.2 114.3 109.4 119.6 134.6<br />
2004 141.4 139.5 135.4 144.2 161.8<br />
Source: EIA, BEA<br />
1. Over the past 20 years, regional differences have emerged in annual<br />
average real retail gasoline prices, excluding taxes.<br />
From 1984 through 1990, differences in annual average real retail gasoline prices among<br />
PADDs, as shown in Table 4-1, were generally small, usually 5 cents per gallon at most. No<br />
PADD consistently had the lowest average annual real retail gasoline prices in each of those<br />
years. A larger difference among PADDs did appear in 1991, when the West Coast (PADD V)<br />
enjoyed annual average real retail gasoline prices that were 9 cents lower than those on the East<br />
Coast (PADD I).<br />
Beginning in 1992, however, greater price differences began to appear on a regular basis.<br />
Average annual real retail gasoline prices in Rocky Mountain states (PADD IV) and the West<br />
Coast (PADD V) began to increase in relation to prices in other regions of the country. For<br />
example, from 1992 to 1995, the Midwest (PADD II) regularly had the lowest annual average<br />
real retail gasoline prices, excluding taxes, in the U.S. During that time, annual average real<br />
retail gasoline prices, excluding taxes, in the Rocky Mountain states ranged from 7 to 10 cents<br />
higher than those in the Midwest. Annual average real retail gasoline prices in the West Coast<br />
(PADD V) ranged from 9 to 12 cents higher than those in the Midwest.<br />
88<br />
FEDERAL TRADE COMMISSION, JUNE 2005
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