Consumer Spending on Gasoline and Oil Is Rising but Remains Well Below Its Historic Highs
Year Personal Gasoline and Oil Consumption Share of disposable income
1964 2.94%
1965 2.97%
1966 2.98%
1967 2.97%
1968 2.98%
1969 3.04%
1970 2.98%
1971 2.89%
1972 2.81%
1973 2.87%
1974 3.37%
1975 3.34%
1976 3.30%
1977 3.27%
1978 3.12%
1979 3.69%
1980 4.32%
1981 4.36%
1982 3.89%
1983 3.57%
1984 3.25%
1985 3.13%
1986 2.44%
1987 2.47%
1988 2.36%
1989 2.45%
1990 2.59%
1991 2.43%
1992 2.37%
1993 2.32%
1994 2.26%
1995 2.22%
1996 2.29%
1997 2.24%
1998 1.91%
1999 2.06%
2000 2.44%
2001 2.31%
2002 2.12%
2003 2.36%
Source: Bureau of Economic Analysis