How much was a gallon of gas in 1968?
Supporting Information
| Year | Retail Gasoline Price (Current dollars/gallon) | Retail Gasoline Price (Constant 2015 dollars/gallon) |
|---|---|---|
| 1968 | 0.34 | 1.79 |
| 1969 | 0.35 | 1.77 |
| 1970 | 0.36 | 1.72 |
| 1971 | 0.36 | 1.67 |
When was the last time gas was under a dollar?
The last time the national average fell below $1 was in 1999, according to data from OPIS, which tracks gas prices for AAA, ans the low for this century was $1.09 reached in December 2001.
What is the lowest price gas has ever been?
Lowest Inflation-Adjusted Price of Gasoline– $1.61 in 1998
| Date | Inflation-Adjusted Lows |
|---|---|
| 1972 | $2.22 |
| 1998 | $1.61 |
| 2009 | $2.77 |
| 2016 | $2.22 |
What was the price of gas in 1967?
1967 Gas Price in Today’s Dollars. How much was inflation? In the year 1967, the average retail price of gas in the U.S. was $0.33. This is equivalent to $2.58 in 2020 dollars. We determine the value of a dollar using the Consumer Price Index from December of the previous year. Inflation Calculator Home How much?
What was the cost of a gallon of gas in 1960?
A gallon of (leaded) gas in the United States in 1960 cost only 31 cents! That sounds like an incredible bargain until you factor in inflation. 31 cents in 1960 is equivalent to $2.07in the year 2007. The national average cost of a gallon of unleaded regular gasoline in 2007 was $2.78, or about a 34% increase over the average price in 1960.
What was the highest price of gas in history?
What is the highest priced gas in history? The highest average gas price was $3.64 in 2012, which is 167% more expensive than a decade earlier. What year did gas go over one dollar? The average price of gas first went over $1 a gallon in 1980, when it went from $0.86 per gallon to $1.19 per gallon.
What was the average price of gas in 2012?
The highest average gas price was $3.64 in 2012, which is 167% more expensive than a decade earlier. What year did gas go over one dollar? The average price of gas first went over $1 a gallon in 1980, when it went from $0.86 per gallon to $1.19 per gallon. When was the last time gas was under $2 a gallon?