Remember Paying 27 Cents A Gallon For Gas?
War Over? No, Not Quite.
Too late, sir, the gasoline price war is over. Or is it? This sign leaves consumer Don Lambert wondering. Yesterday the price had risen three cents a gallon. But that’s still four cents a gallon cheaper than the pre-gas war price. But you better fill up soon, the price may jump any time now. The latest gasoline war started in early April. Presently regular sells at anywhere from 22.9 cents a gallon (at Webb’s City) to 29.9 cents for the major brands. The major oil companies blame the independents; the independents charge the major distributors are trying to drive them out of business. – St. Petersburg Times; May 5, 1967 photo: Fred Victorin
For almost three quarters of the twentieth century gasoline prices hovered around 30 cents per gallon.
I filled up the car the other day at a Hess Station in New Jersey. I paid $3.27 per gallon.
The average national price of gasoline in 1919 was 25 cents per gallon. Of course if you adjust for inflation, it was just as expensive to fill up your vehicle in 1919 as it is today.
Until 1973 the price of gasoline never rose above 50 cents per gallon. Then the Arab oil embargo occurred causing gasoline shortages and steep price increases. We will never again see gas at 27 cents per gallon. You can debate if that is a good thing or a bad thing.