Special Report

What a Gallon of Gas Cost the Year You Were Born

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1929
> Price per gallon (inflation adj.): $0.21 ($2.41)
> Price per barrel (inflation adj.): $1.27 ($14.30)
> U.S. oil production: 2.8 million barrels per day

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1930
> Price per gallon (inflation adj.): $0.20 ($2.33)
> Price per barrel (inflation adj.): $1.19 ($13.91)
> U.S. oil production: 2.5 million barrels per day

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1931
> Price per gallon (inflation adj.): $0.17 ($2.21)
> Price per barrel (inflation adj.): $0.65 ($8.47)
> U.S. oil production: 2.3 million barrels per day

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1932
> Price per gallon (inflation adj.): $0.18 ($2.65)
> Price per barrel (inflation adj.): $0.87 ($12.84)
> U.S. oil production: 2.1 million barrels per day

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1933
> Price per gallon (inflation adj.): $0.18 ($2.70)
> Price per barrel (inflation adj.): $0.67 ($10.17)
> U.S. oil production: 2.5 million barrels per day

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1934
> Price per gallon (inflation adj.): $0.19 ($2.71)
> Price per barrel (inflation adj.): $1.00 ($14.38)
> U.S. oil production: 2.5 million barrels per day

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1935
> Price per gallon (inflation adj.): $0.19 ($2.66)
> Price per barrel (inflation adj.): $0.97 ($13.67)
> U.S. oil production: 2.7 million barrels per day

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1936
> Price per gallon (inflation adj.): $0.19 ($2.71)
> Price per barrel (inflation adj.): $1.09 ($15.18)
> U.S. oil production: 3.0 million barrels per day

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1937
> Price per gallon (inflation adj.): $0.20 ($2.67)
> Price per barrel (inflation adj.): $1.18 ($15.75)
> U.S. oil production: 3.5 million barrels per day

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1938
> Price per gallon (inflation adj.): $0.20 ($2.68)
> Price per barrel (inflation adj.): $1.13 ($15.53)
> U.S. oil production: 3.3 million barrels per day