Graph and download economic data for Consumer Price Index for All Urban Consumers: Fuel Oil and Other Fuels in U.S. City Average (CUSR0000SEHE) from Jan 1947 to May 2025 about fuels, oil, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

Over the last several decades, the price of WTI crude oil has been affected by notable events and crises taking place throughout the world. The inflation adjusted price of one barrel of crude oil peaked shortly before the global financial crisis in 2008 at ****** real U.S. dollars. By the first quarter of 2009, the crude oil price had plummeted to ***** real U.S. dollars per barrel. By comparison, the through price during the coronavirus pandemic was ***** real U.S. dollars.

Graph and download economic data for Producer Price Index by Industry: Oil and Gas Extraction (PCU211211) from Dec 1985 to May 2025 about extraction, oil, gas, PPI, industry, inflation, price index, indexes, price, and USA.

The author argues that the economic benefits of low gasoline prices for the U.S. economy have fallen substantially since the reemergence of America as a major oil producer. The old rule-of thumb that a 10% fall in the oil price raises inflation-adjusted U.S. GDP by 0.2% is too large—the impact on economic activity should be closer to zero, and may even be negative if consumption grows slowly. The reasons for this change are straightforward, if underappreciated: (i) the value of oil production accounts for a larger share of the U.S. economy; and (ii) consumers are not spending the windfall like they used to because of higher debt levels, limited access to credit, slow wage rowth, and an older population.

As of May 2025, the average annual price of Brent crude oil stood at 72 U.S. dollars per barrel. This is some eight U.S. dollars lower than the 2024 average. Brent is the world's leading price benchmark for Atlantic basin crude oils. Crude oil is one of the most closely observed commodity prices as it influences costs across all stages of the production process and consequently alters the price of consumer goods as well. What determines crude oil benchmarks? In the past decade, crude oil prices have been especially volatile. Their inherent inelasticity regarding short-term changes in demand and supply means that oil prices are erratic by nature. However, since the 2009 financial crisis, many commercial developments have greatly contributed to price volatility; such as economic growth by BRIC countries like China and India, and the advent of hydraulic fracturing and horizontal drilling in the U.S. The outbreak of the coronavirus pandemic and the Russia-Ukraine war are examples of geopolitical events dictating prices. Light crude oils - Brent and WTI Brent Crude is considered a classification of sweet light crude oil and acts as a benchmark price for oil around the world. It is considered a sweet light crude oil due to its low sulfur content and a low density and may be easily refined into gasoline. This oil originates in the North Sea and comprises several different oil blends, including Brent Blend and Ekofisk crude. Often, this crude oil is refined in Northwest Europe. Another sweet light oil often referenced alongside UK Brent is West Texas Intermediate (WTI). WTI oil prices amounted to 76.55 U.S. dollars per barrel in 2024.

Graph and download economic data for Global price of Brent Crude (POILBREUSDM) from Jan 1990 to May 2025 about crude, oil, World, and price.

One gallon of motor gasoline cost end users in the United States around 1.14 real U.S. dollars in 2024, down from 1.24 real U.S. dollars in the previous year. Figures in 2022 were impacted by that year's surge in crude oil prices, following supply restraints related to the Russia-Ukraine war. According to the source, real dollars have been adjusted for inflation. They reflect the purchasing power of a U.S. dollar relative to the period from 1982 to 1984.

Graph and download economic data for Producer Price Index by Commodity: Fuels and Related Products and Power: Crude Petroleum (Domestic Production) (WPU0561) from Jan 1947 to May 2025 about petroleum, crude, fuels, domestic, commodities, PPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Shortening, Cooking Oil, and Margarine (WPU0278) from Jan 1947 to May 2025 about cooks, fat, processed, oil, food, commodities, PPI, inflation, price index, indexes, price, and USA.

About this dataset

Context

The dataset illustrates the median household income in Oil Creek township, spanning the years from 2010 to 2023, with all figures adjusted to 2023 inflation-adjusted dollars. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2023, the median household income for Oil Creek township increased by $3,688 (6.31%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $5,602 (7.68%) between 2010 and 2023.

Analyzing the trend in median household income between the years 2010 and 2023, spanning 13 annual cycles, we observed that median household income, when adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 6 years and declined for 7 years.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 0223

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2023
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2023 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Oil Creek township median household income. You can refer the same here

Graph and download economic data for Producer Price Index by Industry: Pipeline Transportation of Crude Oil: Primary Services (PCU486110486110P) from Jun 1986 to May 2025 about pipeline, crude, primary, oil, transportation, services, PPI, industry, inflation, price index, indexes, price, and USA.

Analysis of ‘🚊 Consumer Price Index’ provided by Analyst-2 (analyst-2.ai), based on source dataset retrieved from https://www.kaggle.com/yamqwe/consumer-price-indexe on 13 February 2022.

--- Dataset description provided by original source is as follows ---

About this dataset

9The Consumer Price Index for All Urban Consumers: All Items (CPIAUCSL) is a measure of the average monthly change in the price for goods and services paid by urban consumers between any two time periods.(1) It can also represent the buying habits of urban consumers. This particular index includes roughly 88 percent of the total population, accounting for wage earners, clerical workers, technical workers, self-employed, short-term workers, unemployed, retirees, and those not in the labor force.(1)

The CPIs are based on prices for food, clothing, shelter, and fuels; transportation fares; service fees (e.g., water and sewer service); and sales taxes. Prices are collected monthly from about 4,000 housing units and approximately 26,000 retail establishments across 87 urban areas.(1) To calculate the index, price changes are averaged with weights representing their importance in the spending of the particular group. The index measures price changes (as a percent change) from a predetermined reference date.(1) In addition to the original unadjusted index distributed, the Bureau of Labor Statistics also releases a seasonally adjusted index. The unadjusted series reflects all factors that may influence a change in prices. However, it can be very useful to look at the seasonally adjusted CPI, which removes the effects of seasonal changes, such as weather, school year, production cycles, and holidays.(1)

The CPI can be used to recognize periods of inflation and deflation. Significant increases in the CPI within a short time frame might indicate a period of inflation, and significant decreases in CPI within a short time frame might indicate a period of deflation. However, because the CPI includes volatile food and oil prices, it might not be a reliable measure of inflationary and deflationary periods. For a more accurate detection, the core CPI (Consumer Price Index for All Urban Consumers: All Items Less Food & Energy [CPILFESL]) is often used. When using the CPI, please note that it is not applicable to all consumers and should not be used to determine relative living costs.(1) Additionally, the CPI is a statistical measure vulnerable to sampling error since it is based on a sample of prices and not the complete average.(1)

Attribution: US. Bureau of Labor Statistics from The Federal Reserve Bank of St. Louis

For more information on the consumer price indexes, see:

• (1) Bureau of Economic Analysis. “CPI Detailed Report.” 2013
• (2) Handbook of Methods
• (3) Understanding the CPI: Frequently Asked Questions

This dataset was created by Finance and contains around 900 samples along with Consumer Price Index For All Urban Consumers: All Items, Title:, technical information and other features such as: - Consumer Price Index For All Urban Consumers: All Items - Title: - and more.

How to use this dataset

• Analyze Consumer Price Index For All Urban Consumers: All Items in relation to Title:
• Study the influence of Consumer Price Index For All Urban Consumers: All Items on Title:
• More datasets

Acknowledgements

If you use this dataset in your research, please credit Finance

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--- Original source retains full ownership of the source dataset ---

IPCA: MoM: sa: Fortaleza: Food and Beverage: Domicile Food: Oils and Fats: Soybean Oil data was reported at -2.640 % in Mar 2025. This records an increase from the previous number of -2.730 % for Feb 2025. IPCA: MoM: sa: Fortaleza: Food and Beverage: Domicile Food: Oils and Fats: Soybean Oil data is updated monthly, averaging 0.810 % from Jan 2020 (Median) to Mar 2025, with 63 observations. The data reached an all-time high of 33.960 % in Sep 2020 and a record low of -7.660 % in Oct 2022. IPCA: MoM: sa: Fortaleza: Food and Beverage: Domicile Food: Oils and Fats: Soybean Oil data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Inflation – Table BR.ID026: Consumer Price Index: Broad Category - IPCA: POF 2017-2018: Dec1993=100: Month-on-Month: Seasonally Adjusted: by Municipality: Ceará: Fortaleza.

IPCA: MoM: sa: São Paulo: Food and Beverage: Domicile Food: Oils and Fats: Olive Oil data was reported at 0.550 % in Mar 2025. This records an increase from the previous number of -0.230 % for Feb 2025. IPCA: MoM: sa: São Paulo: Food and Beverage: Domicile Food: Oils and Fats: Olive Oil data is updated monthly, averaging 1.020 % from Jan 2020 (Median) to Mar 2025, with 63 observations. The data reached an all-time high of 6.440 % in Oct 2023 and a record low of -2.370 % in Jan 2020. IPCA: MoM: sa: São Paulo: Food and Beverage: Domicile Food: Oils and Fats: Olive Oil data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Inflation – Table BR.ID034: Consumer Price Index: Broad Category - IPCA: POF 2017-2018: Dec1993=100: Month-on-Month: Seasonally Adjusted: by Municipality: São Paulo: São Paulo.

IPCA: MoM: sa: Curitiba: Food and Beverage: Domicile Food: Oils and Fats: Soybean Oil data was reported at -0.850 % in Mar 2025. This records an increase from the previous number of -4.690 % for Feb 2025. IPCA: MoM: sa: Curitiba: Food and Beverage: Domicile Food: Oils and Fats: Soybean Oil data is updated monthly, averaging 0.040 % from Jan 2020 (Median) to Mar 2025, with 63 observations. The data reached an all-time high of 32.730 % in Sep 2020 and a record low of -8.650 % in Jun 2023. IPCA: MoM: sa: Curitiba: Food and Beverage: Domicile Food: Oils and Fats: Soybean Oil data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Inflation – Table BR.ID025: Consumer Price Index: Broad Category - IPCA: POF 2017-2018: Dec1993=100: Month-on-Month: Seasonally Adjusted: by Municipality: Paraná: Curitiba.

Retail residential electricity prices in the United States have mostly risen over the last decades. In 2023, prices registered a year-over-year growth of 6.3 percent, the highest growth registered since the beginning of the century. Residential prices are projected to continue to grow by two percent in 2024. Drivers of electricity price growth The price of electricity is partially dependent on the various energy sources used for generation, such as coal, gas, oil, renewable energy, or nuclear. In the U.S., electricity prices are highly connected to natural gas prices. As the commodity is exposed to international markets that pay a higher rate, U.S. prices are also expected to rise, as it has been witnessed during the energy crisis in 2022. Electricity demand is also expected to increase, especially in regions that will likely require more heating or cooling as climate change impacts progress, driving up electricity prices. Which states pay the most for electricity? Electricity prices can vary greatly depending on both state and region. Hawaii has the highest electricity prices in the U.S., at roughly 43 U.S. cents per kilowatt-hour as of May 2023, due to the high costs of crude oil used to fuel the state’s electricity. In comparison, Idaho has one of the lowest retail rates. Much of the state’s energy is generated from hydroelectricity, which requires virtually no fuel. In addition, construction costs can be spread out over decades.

Graph and download economic data for Producer Price Index by Commodity: Mining Services: Drilling Oil and Gas Wells Services (WPU60110301) from Jul 1991 to May 2025 about wells, drilling, oil, mining, gas, services, commodities, PPI, inflation, price index, indexes, price, and USA.

IPCA: MoM: sa: Goiânia: Food and Beverage: Domicile Food: Oils and Fats: Soybean Oil data was reported at -0.400 % in Mar 2025. This records an increase from the previous number of -2.860 % for Feb 2025. IPCA: MoM: sa: Goiânia: Food and Beverage: Domicile Food: Oils and Fats: Soybean Oil data is updated monthly, averaging 0.280 % from Jan 2020 (Median) to Mar 2025, with 63 observations. The data reached an all-time high of 30.270 % in Sep 2020 and a record low of -9.460 % in May 2023. IPCA: MoM: sa: Goiânia: Food and Beverage: Domicile Food: Oils and Fats: Soybean Oil data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Inflation – Table BR.ID027: Consumer Price Index: Broad Category - IPCA: POF 2017-2018: Dec1993=100: Month-on-Month: Seasonally Adjusted: by Municipality: Goiás: Goiânia.

Graph and download economic data for Producer Price Index by Commodity: Fuels and Related Products and Power: Home Heating Oil and Distillates (WPS057302) from Jan 1975 to May 2025 about heating, fuels, oil, commodities, housing, PPI, inflation, price index, indexes, price, and USA.

IPCA: MoM: sa: Brasília: Food and Beverage: Domicile Food: Oils and Fats: Soybean Oil data was reported at -0.360 % in Mar 2025. This records an increase from the previous number of -1.750 % for Feb 2025. IPCA: MoM: sa: Brasília: Food and Beverage: Domicile Food: Oils and Fats: Soybean Oil data is updated monthly, averaging 0.560 % from Jan 2020 (Median) to Mar 2025, with 63 observations. The data reached an all-time high of 33.100 % in Sep 2020 and a record low of -10.630 % in May 2023. IPCA: MoM: sa: Brasília: Food and Beverage: Domicile Food: Oils and Fats: Soybean Oil data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Inflation – Table BR.ID023: Consumer Price Index: Broad Category - IPCA: POF 2017-2018: Dec1993=100: Month-on-Month: Seasonally Adjusted: by Municipality: Distrito Federal: Brasília.