State Gas Price Averages State Regular Mid-Grade Premium Diesel New Mexico $3.105 $3.399 $3.669 $3.200 Nevada $4.026 $4.248 $4.424 $3.945 New York $3.260 $3.555 $3.791 $3.376 Ohio $3.047 $3.341 $3.676 $3.319 47 more rows ...
How do you compare gasoline prices with historical prices?
Two ways to compare current gasoline prices with historical prices are by the nominal price or the real price. The graph below shows the average annual nominal and real prices of retail regular-grade gasoline from 1976 through 2024. The real prices are based on the value of the U.S. dollar in January 2023.
What are energy prices based on?
The real prices are based on the value of the U.S. dollar in January 2023. The graph also shows the U.S. Energy Information Administration's (EIA) forecast for average annual prices for 2023 and 2024 in the February 2023 Short-Term Energy Outlook.
