U.S. average gasoline prices and vehicle travel fell to multiyear lows in 2020

U.S. average gasoline prices and vehicle travel fell to multiyear lows in 2020
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09.12.2020

U.S. regular retail gasoline prices averaged $2.17 per gallon (gal) in 2020, 44 cents/gal (17%) lower than in 2019 and the lowest annual average since 2016. Gasoline prices at the beginning of the year were more than $2.50/gal; however, responses to the COVID-19 pandemic resulted in widespread reductions in passenger travel and gasoline demand, contributing to lower gasoline prices across the United States.

Full article at eia.gov

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