Fact file |
Pinched at the
pump? | |
The nationwide average
cost of unleaded regular rose to $1.75 a gallon in March 2004. How
does that compare with U.S. gas prices during the past 85
years? |
Year |
Cost at the time |
Cost in 2004
dollars |
1919* |
$0.25 |
$2.75 |
1929* |
$0.21 |
$2.34 |
1939* |
$0.19 |
$2.52 |
1949* |
$0.27 |
$2.10 |
1959* |
$0.31 |
$1.96 |
1969* |
$0.35 |
$1.77 |
1979* |
$0.84 |
$2.21 |
1989** |
$1.02 |
$1.48 |
1999** |
$1.17 |
$1.27 | | |
Source:
U.S. Department of Energy
prices (adjusted for inflation)
*1919-1979 prices are for
leaded regular.
**Prices from 1989 to the present are for unleaded
regular