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How much was gas in 1970?

Lucas Evans | 2023-04-06 17:54:22 | page views:1487
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Lucas Patel

Works at Amazon, Lives in Seattle, WA
As an expert in historical economics, I can provide you with an estimate of gas prices in the United States during the 1970s. It's important to note that gas prices can vary significantly by region and over time, but on average, the price of gasoline in the U.S. in 1970 was around 36 cents per gallon.

This price, however, does not account for inflation. When adjusted for inflation to present-day dollars, the price would be significantly higher. It's also worth mentioning that the 1970s were marked by significant fluctuations in oil prices due to events like the 1973 oil crisis and the Iranian Revolution in 1979, which led to substantial increases in gas prices.


Zoe Gonzales

Studied at the University of São Paulo, Lives in São Paulo, Brazil.
Average Cost Gallon Of Gas. 1930 10 cents , 1940 11 cents , 1950 18 cents , 1960 25 cents , 1970 36 cents , 1980 $1.19 , 1990 $1.34 , 2009 $2.051 , 2013 $3.80 , Average Cost Loaf of Bread Food.
2023-04-14 17:54:22

Ava Nguyen

QuesHub.com delivers expert answers and knowledge to you.
Average Cost Gallon Of Gas. 1930 10 cents , 1940 11 cents , 1950 18 cents , 1960 25 cents , 1970 36 cents , 1980 $1.19 , 1990 $1.34 , 2009 $2.051 , 2013 $3.80 , Average Cost Loaf of Bread Food.
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