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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: marco100   😊 😞
Number: of 86269 
Subject: Re: The Trump Dividend Arrives
Date: 09/12/26 4:38 PM
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And now, for some facts:

These are results for how much has gasoline gone up vs. overall CPI since the GFC?
Search instead for how much has gasonline gone up vs. overall CPI since the GFC?
AI Overview
Since the Great Financial Crisis (GFC, roughly 2008–2009), overall consumer prices have risen significantly, while retail gasoline prices have experienced wild boom-and-bust cycles but overall gained a much smaller net percentage.
The Numbers
Overall CPI Inflation: Since 2009, the overall Consumer Price Index (CPI-U) has increased by roughly 45% to 50%, reflecting steady cumulative inflation across housing, food, medical care, and services.
Gasoline Prices: In 2009, the U.S. annual average retail price for regular unleaded gasoline hovered around $2.35 to $2.40 per gallon (down sharply from the 2008 mid-year oil spike). As of mid-2026, average gas prices sit around $3.90 to $4.30 per gallon (driven up by recent geopolitical energy shocks). This represents a nominal increase of roughly 65% to 75% from the 2009 trough.

WalletHub
+5
Key Takeaways
Volatility vs. Stability: Overall CPI climbs relatively smoothly year-over-year. Gasoline prices face extreme short-term swings driven by crude oil supply, refinery disruptions, and global conflicts.

Department of Energy (.gov)
+1
Real Decline in Long-Term Terms: Because gas prices spiked heavily before the GFC (hitting historic nominal highs in mid-2008), measuring from the 2008 peak actually shows that gasoline has underperformed overall inflation over the full multi-decade span. Measured from the 2009 post-crash low, gas has outpaced overall CPI slightly in nominal terms, but on an inflation-adjusted basis, historical pump prices remain well below past generational records.

Department of Energy (.gov)
Maps and Data - Average Annual Retail Fuel Price of Gasoline
Feb 15, 2026 — Notes: Retail price includes federal and state taxes. Price is for regular leaded gasoline until 1975 and for regular unleaded gas...

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Members reply directly to marco100 here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 86,214 posts about US Policy. The article-length ones it recommended most:
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