Global Average Gas Price Per Gallon
28 September 2023•
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Since the 1979 oil crisis, where the price of a gallon of gas went over $1.00 for the first time, the price of gas has never fully recovered.
In more recent decades, oil prices have more than tripled to reach over $3.50/gallon, hurting household finances and the economy at large.
The increasing cost of gas and other drivers have led to the EV adoption we are seeing now.
Gen X-ers (those born between 1965 and 1980) and Millennials (those born between 1981 and 1994) are putting money where their mouths are and are going green – equipped with the knowledge that driving gas-powered cars is amongst the worst carbon emitting activities individuals can take part in today.
Author
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We are a team of passionate Researchers, Data Junkies, and Story-Tellers that believe there is not enough quality business insights and compelling data analysis available in the marketplace, told in the formats users want. We want to give an insider's look into the industries, businesses and economies that are changing the world today, so our users can become inspired, empowered and equipped to run their businesses as best they can.
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