Question: Whats The Cheapest Gas Has Ever Been?

When was the last time gas was 99 cents per gallon?

The last time we saw a sustained period of gas below $2 per gallon was all the way back in 2004..

How much was a gallon of gas in 1996?

Supporting InformationYearRetail Gasoline Price (Current dollars/gallon)Retail Gasoline Price (Constant 2015 dollars/gallon)19941.111.6019951.151.6219961.231.7119971.231.6883 more rows•Aug 31, 2015

How much was a loaf of bread in the 1980s?

The Price of BreadYEARCost of 1 lb. of BreadFederal Minimum Wage1980$0.50$3.101990$0.75$3.802000$1.99$5.152010$2.99$7.255 more rows

How much did things cost in 1975?

PricesCost of a new home:$42,600.00Cost of a new car:$Median Household Income:$11,800.00Cost of a first-class stamp:$0.10 ($0.13 as of 12/31/75)Cost of a gallon of regular gas:$0.572 more rows

When was Gas 4.00 a gallon?

Jump in fuel prices raises everyday items across the U.S. — — In state after state, stunned drivers are pulling into gas stations advertising $4-per-gallon gas. Five states already have record-high gas prices, and another 22 states are within 15 cents of record prices.

How much is a gallon of gas in USA?

The national average for a gallon of gas is below $2 for the first time in four years, AAA said. At $1.99, the current average price for a gallon is 18.4%, or 45 cents, lower than one month ago, and down 70 cents, or 25.8%, year over year.

How much was a gallon of gas in 1993?

How much was inflation? In the year 1993, the average retail price of gas in the U.S. was $1.11. This is equivalent to $2.01 in 2020 dollars.

What was the lowest gas price ever?

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 a dollar?

However, 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).

What are the highest gas prices in history?

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

What was the price of a gallon of gas in 2020?

The average value for USA during that period was 0.67 U.S. Dollar with a minimum of 0.66 U.S. Dollar on 19-Oct-2020 and a maximum of 0.68 U.S. Dollar on 31-Aug-2020. For comparison, the average price of gasoline in the world for this period is 1.25 U.S. Dollar….USA Gasoline prices, 26-Oct-2020.USA Gasoline pricesLiterGallonEUR0.5602.1201 more row

What state has the lowest price for gas?

Hawaii tops the list. Missouri has the cheapest gas. New York (CNN/Money) — The average price for regular gasoline on Monday, March 7, was $1.98 a gallon, down from $1.90 per gallon a month earlier, according to AAA. A year earlier, the average price of a gallon of regular gasoline was $1.73.

How much was a gallon of milk in 1970?

PricesCost of a new home:$26,600.00Cost of a first-class stamp:$0.06Cost of a gallon of regular gas:$0.36Cost of a dozen eggs:$0.62Cost of a gallon of Milk:1.152 more rows

When was the last time gas was 98 cents?

In October 1998, you could buy gas for 99 cents a gallon. You read right: 99 cents a gallon. This was the last time gas was under a buck a gallon here.

How much was a gallon of gas in 1970?

Supporting InformationYearRetail Gasoline Price (Current dollars/gallon)Retail Gasoline Price (Constant 2015 dollars/gallon)19700.361.7219710.361.6719720.361.5919730.391.6284 more rows•Mar 7, 2016

When was the last time gas was 1.00 a gallon?

The last time an individual gas station sold fuel for less than $1 was in 2016 in Iowa, according to GasBuddy. The national average last held that level in 1999, U.S. government data show.

What’s the most expensive gas price in America?

The 10 most expensive states:California — $4.05.Hawaii — $3.64.Washington — $3.54.Nevada —$3.50.Alaska — $3.47.Oregon — $3.43.Idaho — $3.20.Utah — $3.20.More items…•

What were gas prices April 2020?

Toronto & GTA gas pricesMonthHighestLowestApril 202084.972.9March 2020109.965.9February 2020116.9105.9January 2020119.9109.94 more rows