What was the price of gasoline in 1972?
Supporting Information
| Year | Retail Gasoline Price (Current dollars/gallon) | Retail Gasoline Price (Constant 2015 dollars/gallon) |
|---|---|---|
| 1972 | 0.36 | 1.59 |
| 1973 | 0.39 | 1.62 |
| 1974 | 0.53 | 2.03 |
| 1975 | 0.57 | 1.98 |
What were gas prices in the 70’s?
For the average American, drivers went from paying $0.36 per gallon at the pump in 1970 (which is equal to about $1.72 per gallon in today’s dollars) to $1.19 per gallon in 1980 (which is equivalent to about $2.95 per gallon). In the late ’70s and early ’80s, there was a massive global recession.
What was the price of gas in Canada in 1979?
The national average price per liter in 1979 was 23.6 cents and it rose to 59.2 cents in 1990, reached 63.6 cents in 2000 and was 126.2 cents in 2011. In 1979, prices tended to be highest in Atlantic Canada, followed by Ontario, then Quebec, British Columbia and then the Prairies.
What was the price of gas in 1960 in Canada?
That was easy for him to say with a gallon of regular gas selling for less than half a buck and for one of those huge Imperial gallons of gas priced at 39.9 cents in 1960.
What was the price of gas in 1972?
In the year 1972, the average retail price of gas in the U.S. was $0.36. This is equivalent to $2.16 in 2018 dollars.
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 $1.19 per gallon.
When was the last time gas was less than$ 2?
The last time the average price of gas was less than $2 was 15 years ago, in 2004. The average price of gas then was $1.88. How much was gas in the 90s? The average price of gas in the 1990’s was just shy of $1.15. What are the top five states with the highest average gas prices today?
What was the highest price of gas in history?
Keep reading to learn how the cost has changed over the last 100 years. 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?