From a July high of $4.11, today the average price of regular gasoline at U.S. filling stations is $1.66 a gallon. Goodbye, energy conservation. Adios, alternatives and hybrids. See you after the recession.
The chart shows nominal (i.e., unadjusted for inflation) weekly average U.S. retail gasoline prices since 1993 — now at their lowest level since February 2004.