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Analysis of Gas Prices

by Roy W. Spencer

June 8, 2022

Gas prices: If you look at inflation-adjusted gasoline prices over the last century, there has been an overall downward trend, reflecting greater efficiency at finding, pumping, and refining petroleum. We are now at $5 a gallon, but that isn’t a whole lot more than we’ve been in the past (for example, just before the 2012 recession). Still, the price is a lot higher than it needs to be given current technology, and the current spike could have been mostly avoided (COVID impacts being the least avoidable).

Dated: June 8, 2022

Tagged With: Gas Prices, Inflation
Filed Under: Bridging Humanity and the Environment, Climate & Energy, Climate Change and Insurance Industry, Climate Consensus, Climate Policy, Climate refugees, Developmental Economics, Economics, Poverty & Development

About Roy W. Spencer

Roy W. Spencer, Ph.D., is Principal Research Scientist in Climatology in the University of Alabama’s National Space Science & Technology Center. When he worked at NASA’s Marshall Space Flight Center, he and Dr. John Christy, who heads the NSSTC, jointly received NASA’s Exceptional Scientific Achievement Medal for their global temperature monitoring work with satellites. Dr. Spencer’s work with NASA continues as the U.S. Science Team leader for the Advanced Microwave Scanning Radiometer flying on NASA’s Aqua satellite. Dr. Spencer’s research has been entirely supported by U.S. government agencies: NASA, NOAA, and DOE. He has never been asked by any oil company to perform any kind of service. He is a Senior Fellow of The Cornwall Alliance for the Stewardship of Creation.

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Future Speaking Engagements

May 23, 2025 – Grand Rapids, MI

GR.Church, 4525 Stauffer Avenue Southeast, Grand Rapids, MI 49508

Dr. E. Calvin Beisner, Cornwall Alliance President, and Steve Goreham, Cornwall Alliance Board Member, will hold a symposium on Sustainable Energy, Climate Change, and the costs to YOUR life.  For tickets and more information, click HERE.

June 18-21, 2025–Dallas, TX

Cornwall Alliance will be a host of the Association of Classical Christian Schools’ (ACCS) annual Repairing the Ruins conference in Dallas, TX, and will have an exhibit booth.

Details and registration can be found HERE.

September 19-20–Arlington, VA

Dr Beisner will represent the Cornwall Alliance at the fall meeting of the Philadelphia Society and will have a literature table.

Attendance is for Society members and invited guests only. To inquire about an invitation, email Dr. Cal Beisner: Calvin@cornwallalliance.org.

September 26-27– Lynchburg, VA

Dr. Beisner will be speaking at the Christian Education Initiative Annual Summit, “Advancing Christ’s Kingdom Through Biblical Worldview Education.” 

Details and registration can be found HERE.

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