Special Report
What a Gallon of Gas Cost the Year You Were Born
July 25, 2018 4:15 pm
Last Updated: January 11, 2020 8:25 pm
1949
> Price per gallon (inflation adj.): $0.27 ($2.20)
> Price per barrel (inflation adj.): $2.54 ($20.84)
> U.S. gas consumption: 879.7 million barrels
> Per capita consumption: 247.7 gallons
> U.S. oil production: 5.0 million barrels per day
1950
> Price per gallon (inflation adj.): $0.27 ($2.17)
> Price per barrel (inflation adj.): $2.51 ($20.35)
> U.S. gas consumption: 954.8 million barrels
> Per capita consumption: 263.3 gallons
> U.S. oil production: 5.4 million barrels per day
1951
> Price per gallon (inflation adj.): $0.27 ($2.06)
> Price per barrel (inflation adj.): $2.53 ($19.16)
> U.S. gas consumption: 1.1 billion barrels
> Per capita consumption: 295.5 gallons
> U.S. oil production: 6.2 million barrels per day
1952
> Price per gallon (inflation adj.): $0.27 ($2.04)
> Price per barrel (inflation adj.): $2.53 ($18.83)
> U.S. gas consumption: 1.1 billion barrels
> Per capita consumption: 288.2 gallons
> U.S. oil production: 6.3 million barrels per day
1953
> Price per gallon (inflation adj.): $0.29 ($2.11)
> Price per barrel (inflation adj.): $2.68 ($19.71)
> U.S. gas consumption: 1.1 billion barrels
> Per capita consumption: 297.6 gallons
> U.S. oil production: 6.5 million barrels per day
1954
> Price per gallon (inflation adj.): $0.29 ($2.11)
> Price per barrel (inflation adj.): $2.78 ($20.25)
> U.S. gas consumption: 1.2 billion barrels
> Per capita consumption: 300.3 gallons
> U.S. oil production: 6.3 million barrels per day
1955
> Price per gallon (inflation adj.): $0.29 ($2.08)
> Price per barrel (inflation adj.): $2.77 ($19.84)
> U.S. gas consumption: 1.3 billion barrels
> Per capita consumption: 320.0 gallons
> U.S. oil production: 6.8 million barrels per day
1956
> Price per gallon (inflation adj.): $0.30 ($2.07)
> Price per barrel (inflation adj.): $2.79 ($19.32)
> U.S. gas consumption: 1.3 billion barrels
> Per capita consumption: 322.9 gallons
> U.S. oil production: 7.2 million barrels per day
1957
> Price per gallon (inflation adj.): $0.31 ($2.08)
> Price per barrel (inflation adj.): $3.09 ($20.71)
> U.S. gas consumption: 1.3 billion barrels
> Per capita consumption: 322.2 gallons
> U.S. oil production: 7.2 million barrels per day
1958
> Price per gallon (inflation adj.): $0.30 ($1.99)
> Price per barrel (inflation adj.): $3.01 ($19.73)
> U.S. gas consumption: 1.4 billion barrels
> Per capita consumption: 325.3 gallons
> U.S. oil production: 6.7 million barrels per day
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