Special Report

What a Gallon of Gas Cost the Year You Were Born

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1939
> Price per gallon (inflation adj.): $0.19 ($2.60)
> Price per barrel (inflation adj.): $1.02 ($14.15)
> U.S. oil production: 3.5 million barrels per day

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1940
> Price per gallon (inflation adj.): $0.18 ($2.52)
> Price per barrel (inflation adj.): $1.02 ($13.98)
> U.S. oil production: 4.1 million barrels per day

Source: NNehring / Getty Images

1941
> Price per gallon (inflation adj.): $0.19 ($2.47)
> Price per barrel (inflation adj.): $1.14 ($14.64)
> U.S. oil production: 3.8 million barrels per day

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1942
> Price per gallon (inflation adj.): $0.20 ($2.43)
> Price per barrel (inflation adj.): $1.19 ($14.16)
> U.S. oil production: 3.8 million barrels per day

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1943
> Price per gallon (inflation adj.): $0.21 ($2.34)
> Price per barrel (inflation adj.): $1.20 ($13.65)
> U.S. oil production: 4.1 million barrels per day

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1944
> Price per gallon (inflation adj.): $0.21 ($2.29)
> Price per barrel (inflation adj.): $1.21 ($13.45)
> U.S. oil production: 4.6 million barrels per day

Source: U.S. National Archives and Records Administration / Wikimedia Commons

1945
> Price per gallon (inflation adj.): $0.20 ($2.22)
> Price per barrel (inflation adj.): $1.22 ($13.22)
> U.S. gas consumption: 579.3 million barrels
> Per capita consumption: 173.9 gallons
> U.S. oil production: 4.7 million barrels per day

Source: NNehring / Getty Images

1946
> Price per gallon (inflation adj.): $0.21 ($1.99)
> Price per barrel (inflation adj.): $1.41 ($13.53)
> U.S. gas consumption: 722.5 million barrels
> Per capita consumption: 214.6 gallons
> U.S. oil production: 4.7 million barrels per day

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1947
> Price per gallon (inflation adj.): $0.23 ($2.00)
> Price per barrel (inflation adj.): $1.93 ($16.69)
> U.S. gas consumption: 773.4 million barrels
> Per capita consumption: 225.4 gallons
> U.S. oil production: 5.1 million barrels per day

Source: Nancy Nehring / Getty Images

1948
> Price per gallon (inflation adj.): $0.26 ($2.12)
> Price per barrel (inflation adj.): $2.60 ($21.30)
> U.S. gas consumption: 834.6 million barrels
> Per capita consumption: 239.0 gallons
> U.S. oil production: 5.5 million barrels per day