This statistic shows average annual U.S. gasoline prices in selected times of crisis between 1956 and 2011. In 1956, the year of the Suez crisis, the average annual gasoline price in the U.S. stood at 249.9 U.S. cents per gallon.
Average annual U.S. gasoline prices during times of crisis between 1956 and 2011
(in U.S. cents per gallon)
Characteristic
Price per gallon in U.S. cents
Concerns over Iran (2011)
350.9
Gulf War (1991)
189.9
OPEC embargo (1973)
198.9
Suez crisis (1956)
249.9
Created with Highcharts 7.2.2Price per gallon in U.S. cents249.9249.9198.9198.9189.9189.9350.9350.9Suez crisis (1956)OPEC embargo (1973)Gulf War (1991)Concerns over Iran (2011)
050100150200250300350400
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Time. (April 2, 2012). Average annual U.S. gasoline prices during times of crisis between 1956 and 2011 (in U.S. cents per gallon) [Graph]. In Statista. Retrieved February 20, 2025, from https://www.statista.com/statistics/221998/annual-us-gasoline-prices-in-selected-times-of-crisis/
Time. "Average annual U.S. gasoline prices during times of crisis between 1956 and 2011 (in U.S. cents per gallon)." Chart. April 2, 2012. Statista. Accessed February 20, 2025. https://www.statista.com/statistics/221998/annual-us-gasoline-prices-in-selected-times-of-crisis/
Time. (2012). Average annual U.S. gasoline prices during times of crisis between 1956 and 2011 (in U.S. cents per gallon). Statista. Statista Inc.. Accessed: February 20, 2025. https://www.statista.com/statistics/221998/annual-us-gasoline-prices-in-selected-times-of-crisis/
Time. "Average Annual U.S. Gasoline Prices during times of Crisis between 1956 and 2011 (in U.S. Cents per Gallon)." Statista, Statista Inc., 2 Apr 2012, https://www.statista.com/statistics/221998/annual-us-gasoline-prices-in-selected-times-of-crisis/
Time, Average annual U.S. gasoline prices during times of crisis between 1956 and 2011 (in U.S. cents per gallon) Statista, https://www.statista.com/statistics/221998/annual-us-gasoline-prices-in-selected-times-of-crisis/ (last visited February 20, 2025)
Average annual U.S. gasoline prices during times of crisis between 1956 and 2011 (in U.S. cents per gallon) [Graph], Time, April 2, 2012. [Online]. Available: https://www.statista.com/statistics/221998/annual-us-gasoline-prices-in-selected-times-of-crisis/
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