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
1969
> Price per gallon (inflation adj.): $0.35 ($1.79)
> Price per barrel (inflation adj.): $3.09 ($15.91)
> U.S. gas consumption: 2.0 billion barrels
> Per capita consumption: 418.0 gallons
> U.S. oil production: 9.2 million barrels per day
1970
> Price per gallon (inflation adj.): $0.36 ($1.75)
> Price per barrel (inflation adj.): $3.18 ($15.55)
> U.S. gas consumption: 2.1 billion barrels
> Per capita consumption: 432.5 gallons
> U.S. oil production: 9.6 million barrels per day
1971
> Price per gallon (inflation adj.): $0.36 ($1.69)
> Price per barrel (inflation adj.): $3.39 ($15.78)
> U.S. gas consumption: 2.2 billion barrels
> Per capita consumption: 444.0 gallons
> U.S. oil production: 9.5 million barrels per day
1972
> Price per gallon (inflation adj.): $0.36 ($1.61)
> Price per barrel (inflation adj.): $3.39 ($15.13)
> U.S. gas consumption: 2.3 billion barrels
> Per capita consumption: 467.0 gallons
> U.S. oil production: 9.4 million barrels per day
1973
> Price per gallon (inflation adj.): $0.39 ($1.64)
> Price per barrel (inflation adj.): $3.89 ($16.46)
> U.S. gas consumption: 2.4 billion barrels
> Per capita consumption: 482.8 gallons
> U.S. oil production: 9.2 million barrels per day
1974
> Price per gallon (inflation adj.): $0.53 ($2.07)
> Price per barrel (inflation adj.): $6.87 ($26.67)
> U.S. gas consumption: 2.4 billion barrels
> Per capita consumption: 468.6 gallons
> U.S. oil production: 8.8 million barrels per day
1975
> Price per gallon (inflation adj.): $0.57 ($2.01)
> Price per barrel (inflation adj.): $7.67 ($27.26)
> U.S. gas consumption: 2.4 billion barrels
> Per capita consumption: 473.8 gallons
> U.S. oil production: 8.4 million barrels per day
1976
> Price per gallon (inflation adj.): $0.59 ($1.99)
> Price per barrel (inflation adj.): $8.19 ($27.59)
> U.S. gas consumption: 2.6 billion barrels
> Per capita consumption: 491.9 gallons
> U.S. oil production: 8.1 million barrels per day
1977
> Price per gallon (inflation adj.): $0.62 ($1.97)
> Price per barrel (inflation adj.): $8.57 ($27.18)
> U.S. gas consumption: 2.6 billion barrels
> Per capita consumption: 499.6 gallons
> U.S. oil production: 8.2 million barrels per day
1978
> Price per gallon (inflation adj.): $0.63 ($1.86)
> Price per barrel (inflation adj.): $9.00 ($26.67)
> U.S. gas consumption: 2.7 billion barrels
> Per capita consumption: 510.5 gallons
> U.S. oil production: 8.7 million barrels per day