Question: What Was The Price Of Gas In 1920?

What did a gallon of gas cost in 1920?

According to the Energy Information Administration, the price of gasoline in 1920s dollars steadily fell from 30 cents in 1920 per gallon to 21 cents per gallon in 1929..

Why is Shell gas so expensive?

The most likely scenarios for Shell gasoline to be more expensive is that their additive is more expensive to add, or that other stations are using the base gasoline from the local distributor refinery. … People have a belief that Shell gas is better than others. Their advertising program is very effective.

Where is the cheapest gas in USA?

How low will gas prices fall?Mississippi: $2.372. Jackson, Mississippi, USA cityscape at dusk.Louisiana: $2.383. … Alabama: $2.389 per gallon. … South Carolina: $2.409 per gallon. … Arkansas: $2.439 per gallon. … Texas: $2.452 per gallon. … Tennessee: $2.461 per gallon. … Missouri: $2.518 per gallon. … More items…•

How much did a house cost in 1901?

Houses For Sale May 1901HousePrice2000 $new 2-family house$4,000$79,80111-room house Elmwood District$4,500$89,776near the Circle$4,500$99,751new house, barn, at Rosedale, 1 mile N. of Main at city line$850$16,9583 more rows

What was the price of gas in the 1950s?

Supporting InformationYearGasoline Price (Current dollars/gallon)Gasoline Price (Constant 2011 dollars/gallon)19500.272.0719510.271.9319520.271.9319530.271.9280 more rows•Aug 20, 2012

What’s the highest gas price ever in US?

The highest national average price of gas was $4.11 on July 17, 2008, according to AAA.

How much was a pack of cigarettes in 1973?

Here are the prices for each year: 1969 $0.31 1970 $0.31 1971 $0.32 1972 $0.32 1973 $0.33 1974 $0.33 1975 $0.35 1976 $0.35 1977 $0.36 1978 $0.36 1979 $0.40 1980 $0.45 1981 $0.49 1982 $0.60 1983 $0.63 1984 $0.72 1985 $0.78 1986 $0.85 1987 $0.94 1988 $1.09 1989 $1.23 1990 $1.41 1991 $1.60 1992 $1.79 1993 $1.69 1994 $1.76 …

What was gas prices in 1997?

Supporting InformationYearRetail Gasoline Price (Current dollars/gallon)Retail Gasoline Price (Constant 2015 dollars/gallon)19951.151.6219961.231.7119971.231.6819981.061.4383 more rows•Aug 31, 2015

How much was a gallon of gas in 1950?

As for gas prices, in 1950 the price of gas was approximately 30 cents per gallon. Adjusted for inflation, a gallon of gas today should cost right at $2.64, assuming taxes are the same.

What was the price of gas in 1973?

Supporting InformationYearRetail Gasoline Price (Current dollars/gallon)Retail Gasoline Price (Constant 2015 dollars/gallon)19730.391.6219740.532.0319750.571.9819760.591.9684 more rows•Mar 7, 2016

What city has the most expensive gas?

Hong Kong charges the highest prices for gas worldwide, according to Deutsche Bank’s annual “Mapping the World’s Prices” report. The city’s gas prices cost more than double the New York price, and rose 7% in the last year. Other expensive cities for gas include Oslo, Helsinki and Milan.

What was the highest price of gas ever?

The highest prices ever for unleaded gasoline were in the summer of 2008, with national prices for unleaded averaging $4.11 per gallon.

How much did cars cost in the 1950’s?

At the end of the 1950s decade a average car cost around 2,200 dollars, and a gallon of fuel was about 30. cents. The 1950s produced so of the most famous, and most collectable cars of our time.

How much did a loaf of bread cost in 1930?

The Price of BreadYEARCost of 1 lb. of BreadFederal Minimum Wage1930$0.09None1940$0.10$0.301950$0.12$0.751960$0.23$1.005 more rows

How much did gas cost in the 70s?

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.

When did gas go over a dollar?

1981However, after these turbulent fuel price decades gas basically stayed at the same price, around 1.1 -1.2 dollars per gallon from 1981 to 1999. Of course there was some variation, but increases rarely exceeded 25 cents. In fact, the average price of gas in 1999 (1.165) was a bit cheaper than it was in 1981 (1.19).

How much was gas a gallon in 1900?

Gasoline Many of us aren’t old enough to remember paying 21 cents a gallon for gas, but it wasn’t as sweet as you may think.

What is the lowest price gas has ever been?

This resulted in drastically cheaper gas on an inflation-adjusted basis with the lowest recorded inflation-adjusted price for gas occurring in 1998 at $1.61 per gallon.

When was gas last under $2?

2004The last time we saw a sustained period of gas below $2 per gallon was all the way back in 2004. According to AAA, the average gas price in America fell to $1.97 on Tuesday, continuing a downward trend that’s been going on for weeks.

How much did a loaf of bread cost in 1973?

Item19701973Bread0.240.27Milk1.321.36Gas0.400.65Car$2,500.00$3,200.003 more rows