![Gas Prices at Lowest Level in 20 Years](http://townsquare.media/site/180/files/2020/04/Gas-Prices.jpg?w=980&q=75)
Gas Prices at Lowest Level in 20 Years
Gas prices are down considerably all across the nation. The last time we were paying under $1.40 was back in 1999 when we were paying $1.22. The most expensive year was 2012 when we were paying $3.69 on average for the year.
Inflation Adjust Gasoline Prices (1978-2017)
Year | Average Annual Gas Prices (In Dollars)* | Average Annual CPI for Gasoline** | Gas Prices Adjusted for Inflation (In 2017 Dollars) |
1978 | 0.652 | 51.900 | 2.659 |
1979 | 0.882 | 70.200 | 2.660 |
1980 | 1.221 | 97.500 | 2.653 |
1981 | 1.353 | 108.500 | 2.640 |
1982 | 1.281 | 102.800 | 2.638 |
1983 | 1.225 | 99.400 | 2.609 |
1984 | 1.198 | 97.800 | 2.593 |
1985 | 1.196 | 98.600 | 2.568 |
1986 | 0.931 | 77.000 | 2.561 |
1987 | 0.957 | 80.100 | 2.530 |
1988 | 0.964 | 80.800 | 2.525 |
1989 | 1.060 | 88.500 | 2.537 |
1990 | 1.217 | 101.000 | 2.552 |
1991 | 1.196 | 99.200 | 2.554 |
1992 | 1.190 | 99.000 | 2.545 |
1993 | 1.173 | 97.700 | 2.542 |
1994 | 1.174 | 98.200 | 2.532 |
1995 | 1.205 | 99.800 | 2.558 |
1996 | 1.288 | 105.900 | 2.575 |
1997 | 1.291 | 105.800 | 2.585 |
1998 | 1.115 | 91.600 | 2.579 |
1999 | 1.221 | 100.100 | 2.583 |
2000 | 1.563 | 128.600 | 2.573 |
2001 | 1.531 | 124.000 | 2.615 |
2002 | 1.441 | 116.000 | 2.630 |
2003 | 1.638 | 135.100 | 2.567 |
2004 | 1.923 | 159.700 | 2.550 |
2005 | 2.338 | 194.700 | 2.543 |
2006 | 2.635 | 219.900 | 2.537 |
2007 | 2.849 | 237.959 | 2.536 |
2008 | 3.317 | 277.457 | 2.532 |
2009 | 2.401 | 201.555 | 2.522 |
2010 | 2.836 | 238.594 | 2.517 |
2011 | 3.577 | 301.694 | 2.510 |
2012 | 3.695 | 311.470 | 2.512 |
2013 | 3.584 | 302.577 | 2.508 |
2014 | 3.425 | 290.889 | 2.493 |
2015 | 2.510 | 212.007 | 2.507 |
2016 | 2.204 | 187.602 | 2.487 |
2017 | 2.469 | 211.770 | 2.469 |
*Data Source: U.S. Bureau of Labor Statistics: 12-Month Average Gasoline, all types, per gallon/3.785 liters in U.S. city average, average price, not seasonally adjusted.
If you check out Gas Buddy, you can find some stations selling fuel for $1.09 in the New Orleans area.
Some Scenes from the Great Depression
More From News Radio 710 KEEL
![How Cheap Is Gas Today in Shreveport Bossier?](http://townsquare.media/site/180/files/2021/12/attachment-Gas-Pump-2.jpg?w=980&q=75)
![When Will Gas Prices Top $5 A Gallon In Shreveport?](http://townsquare.media/site/180/files/2022/02/attachment-gas-2.jpg?w=980&q=75)
![Louisiana Drivers Should Start Budgeting Now for $4 a Gallon Gas](http://townsquare.media/site/33/files/2017/03/RS4574_86484687-scr.jpg?w=980&q=75)
![Bossier Car Dealership Spreads Joy Giving Away Free Tanks of Gas](http://townsquare.media/site/182/files/2021/12/attachment-Courtesy-of-Landers-in-Bossier.jpg?w=980&q=75)
![Why are Joe Biden Stickers Popping Up on Gas Pumps in Shreveport?](http://townsquare.media/site/182/files/2021/10/attachment-_Drew-Angerer-Getty-Images-1.jpg?w=980&q=75)
![Gas Price May Rise to Nearly $3 a Gallon in Louisiana](http://townsquare.media/site/182/files/2021/05/GettyImages-97962624.jpg?w=980&q=75)
![Gas Prices Jump Up Again This Week in U.S.](http://townsquare.media/site/180/files/2017/03/gas-pump.jpg?w=980&q=75)
![Gas Prices Continuing Going Up in U.S.](http://townsquare.media/site/180/files/2017/03/gas-pump.jpg?w=980&q=75)
![Major Retailer Closing 6 Louisiana Stores: Including Shreveport](http://townsquare.media/site/180/files/2024/07/attachment-CONNS.jpg?w=980&q=75)