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another_liberal

(8,821 posts)
Tue Jan 13, 2015, 07:45 AM Jan 2015

Who remembers buying gasoline for under a dollar a gallon?

Everyone might be able to say they do before long. Prices like that may soon be on their way back to a pump near you!





Oil plummet: Crude dives below $45 for first time since 2009


Brent crude and WTI have continued their headlong plunge in early trading Tuesday, hitting record six-year lows. Brent crude futures fell 2.64 percent to $46.12 in trading on London’s ICE exchange, while WTI dropped by 2.41 percent, plunging below $45 to $44.96 (10:00 MSK). Brent and WTI prices are now at their lowest levels since spring 2009.

The ruble was quick to react to the news, losing more than 2 percent in early trading on the Moscow Stock Exchange. The Russian currency was trading at 64.93 to the dollar and 76.94 to the euro at 11:00 am local time.

On Tuesday, UAE Oil Minister Suhail Mohammed Faraj Al Mazroui said OPEC was no longer able to “protect” oil prices. “OPEC cannot continue protecting a certain price. That is not the only aim of OPEC,” he said at a Gulf Intelligence energy event in Abu Dhabi. “We are concerned about the balance of the market, but we cannot be the only party that is responsible to balance the market,” Al Mazroui said.

Mazouri said the UAE was not planning to alter its output, adding that all oil producers should demonstrate awareness of global economic development and regulate their production accordingly. "The key factor of hydrocarbon overproduction has become the extraction of shale oil,” he said. “And this should be corrected."

(snip)


Read more at: http://rt.com/business/222067-oil-record-drop-trading/

173 replies = new reply since forum marked as read
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Who remembers buying gasoline for under a dollar a gallon? (Original Post) another_liberal Jan 2015 OP
I remember paying 19.9 cents per gallon. B Calm Jan 2015 #1
Ah yes . . . those good old gas wars! another_liberal Jan 2015 #2
Exactly! I think the average price was around 25 cents, but then a gas war would happen B Calm Jan 2015 #3
Not to mention free dishware or glassware with fill-up pinboy3niner Jan 2015 #4
I do remember the stamps, lol. Damn are we old or what? B Calm Jan 2015 #5
At least we still remember, lol pinboy3niner Jan 2015 #6
greenstamps! omg! yes! unblock Jan 2015 #8
I may have grown old, but damned if I'll grow up. riqster Jan 2015 #10
I entirely avoided my midlife crisis Jackpine Radical Jan 2015 #152
I had a glorious and extended misspent youth. riqster Jan 2015 #156
Lawn chairs and TV trays, lol pinboy3niner Jan 2015 #12
OMG, you just brought back long suppressed memories. GGJohn Jan 2015 #48
Therapy? Are you crazy? pinboy3niner Jan 2015 #50
Indeed!! 2naSalit Jan 2015 #89
You can get a pot holder for that many S&H Green Stamps Jim Beard Jan 2015 #145
When you said pot holder, I thought you meant… Jackpine Radical Jan 2015 #158
Ha ha, I couldn't remember the name. Yep it was Green Stamps. B Calm Jan 2015 #13
Don't forget Blue Chip Stamps KansDem Jan 2015 #51
Yes, I remember S&H green stamps. RebelOne Jan 2015 #83
Mom got some unbreakable melamine dinner ware amandabeech Jan 2015 #118
And odd even plate days. pangaia Jan 2015 #153
I still have some of those glasses! femmocrat Jan 2015 #37
My family's good china was the dinnerware from boxes of DUZ detergent pinboy3niner Jan 2015 #42
Wheat designs were very popular in the '50s. amandabeech Jan 2015 #119
OMG! I remember that! Thanks for the post. AlinPA Jan 2015 #161
Fun fact: those wheat dishes were made by the Homer Laughlin china company in West Virginia Tanuki Jan 2015 #171
And S&H Green Stamps! Are we dating ourselves or what? n/t eridani Jan 2015 #136
What gets to me is that big oil companies must still be making money at under two dollars . . . another_liberal Jan 2015 #7
Amazing how low it goes with the speculators out of the market. House of Roberts Jan 2015 #22
I remember way back in the early '50s when I was a teenager, RebelOne Jan 2015 #81
where'dya live? I paid 10 cents a gal. in the early 60's. (North Carolina) 2banon Jan 2015 #105
Price wars were crazy in the 50's OLDMADAM Jan 2015 #164
I'd almost swear remembering .08 a gallon.. 2banon Jan 2015 #173
I lived in Miami, FL where everything is much higher. n/t RebelOne Jan 2015 #166
I remember that too. JDPriestly Jan 2015 #139
That's when I 2naSalit Jan 2015 #88
So do I... MrMickeysMom Jan 2015 #125
Less Than 10 Cents Per Gallon - Houston TX - Early 60s cantbeserious Jan 2015 #128
OMG.. Green Stamps, free towels and face clothes in soap, I remember it well.. OLDMADAM Jan 2015 #163
Yep! I remember watching those prices and thinking"Yea, I can afford to put gas in a car when I buy napi21 Jan 2015 #138
Not That Low ProfessorGAC Jan 2015 #146
97 cents in Northern NJ in late 90s HockeyMom Jan 2015 #9
Ditto in Prince William VA nitpicker Jan 2015 #17
Yup. I paid 95 cents a gallon somewhere in Montana when I was driving across country in 1998 alcibiades_mystery Jan 2015 #46
Thanks Bill Clinton! Raine1967 Jan 2015 #131
Cruising for beer and girls -- rogerashton Jan 2015 #11
We'd all chip in our small change to buy a gallon or two pinboy3niner Jan 2015 #18
This should be making all other products cheaper to produce and transport, Xipe Totec Jan 2015 #14
"Nothing to see here folks, just move alone . . ." another_liberal Jan 2015 #31
Why not? treestar Jan 2015 #38
I'm not talking about gas, I'm talking about goods Xipe Totec Jan 2015 #41
It could take a while, but these prices would drop treestar Jan 2015 #44
That's the theory. The reality is that company profits rise instead. Xipe Totec Jan 2015 #86
5 gal. of gas for 1 hour min. wage labor. Downwinder Jan 2015 #15
I remember 22 cents a gallon and they gave you free dishes, check your oil, cleaned your windshield. Scuba Jan 2015 #16
In 1969 there was a gas station in Mayport, Florida that had girls in bikini's B Calm Jan 2015 #19
As a kid I remember the things they'd give you treestar Jan 2015 #36
I remember the "Oil Crisis" of October 1973 when the price rose to 50 cents per gallon. John1956PA Jan 2015 #20
By December, it was $0.75 in southeast Michigan if you could find it. amandabeech Jan 2015 #120
39.9 cents in 1975, full service (only), wipe windows and check oil GreatGazoo Jan 2015 #21
I remember gas at 39.9 also because the 9/10th always annoyed me. By the time I started FSogol Jan 2015 #30
Seen it sell for 9 cents a gallon madokie Jan 2015 #23
Now hose tellin' war stories? pinboy3niner Jan 2015 #27
You have a couple of years on me. Mugu Jan 2015 #110
Gas was .49 when I was in high school, LWolf Jan 2015 #24
I do. cwydro Jan 2015 #25
cheapest I recall is $.68/gal ProdigalJunkMail Jan 2015 #26
28.9 in the mid and late 60s. n/t GP6971 Jan 2015 #28
28.9 for "Good Gulf" gasoling in the mid 1960's Jim Beard Jan 2015 #92
in 1973 gas was a round 40 cents a gallon notadmblnd Jan 2015 #29
I paid .69 c a gallon in Texas in 1999. Then we elected a Texas oilman. n/t n2doc Jan 2015 #32
Dec. 1963.....25 cents a gallon dixiegrrrrl Jan 2015 #33
I think it was 19 cents a gallon in 1950. RoverSuswade Jan 2015 #34
I bought my comic books at a little country store . . . another_liberal Jan 2015 #94
I remember mom trying to find the cheapest gas treestar Jan 2015 #35
I saw $1.79 gas this morning Man from Pickens Jan 2015 #39
I remember gas prices compared to minimum wages olddots Jan 2015 #40
I remember .99! Let the good times roll... Agschmid Jan 2015 #43
I remember it always being a buck and change oberliner Jan 2015 #45
Right as it approached $1 ... LannyDeVaney Jan 2015 #47
Yeah, they did! another_liberal Jan 2015 #95
good old days johnsolaris Jan 2015 #49
$0.4 Cents pg fredamae Jan 2015 #52
I think the lowest I saw was 27 cents a gallon... KansDem Jan 2015 #53
I remember low prices clearly. Beach Rat Jan 2015 #54
Ah the old days.... Historic NY Jan 2015 #55
I remember my dad telling us that we could not afford to go on vacation LiberalArkie Jan 2015 #56
We never went on vacation no matter how low gas was Art_from_Ark Jan 2015 #160
It was about the same, vacation = weekend at Heber Springs or such LiberalArkie Jan 2015 #167
Ah, the Arkansas Oil Patch Art_from_Ark Jan 2015 #168
Raises hand CountAllVotes Jan 2015 #57
I remember gas at 22.9 cents in Brooklyn, but... meaculpa2011 Jan 2015 #58
I remember the first time I saw gasoline for $1.00 - that was at a remote place - Lucia, Calirornia Douglas Carpenter Jan 2015 #59
Out of the way places and stations right off Interstate highway were first to break a dollar . . . another_liberal Jan 2015 #96
0.89/gal in 2007. Fearless Jan 2015 #60
16 cents a gallon. Loved those gas wars Autumn Jan 2015 #61
29 cents at Arco was the cheapest when I had my first car. Kablooie Jan 2015 #62
I remember 25 cents..... gblady Jan 2015 #63
Back in the late '80s, Bu$h Sr. Art_from_Ark Jan 2015 #170
it was around 95 cents when i got my license in 97 fizzgig Jan 2015 #64
18.9 cents a gallon outside Ft Benning GA in 1961 or 62 tularetom Jan 2015 #65
It was 2 cents a gallon at gas stations in Iraq in 2003-4. former9thward Jan 2015 #66
The "real price" was having to be in Iraq to buy it . . . another_liberal Jan 2015 #93
When I first learned how to drive it was 49 cents a gallon. kimbutgar Jan 2015 #67
22 - 24 cents a gal when I bought my first car around 1960. lpbk2713 Jan 2015 #68
Sure. It was about 25 cents a gallon when I was in high school, MineralMan Jan 2015 #69
Remember when the pumps weren't designed to handle any price over $.99? Scruffy Rumbler Jan 2015 #70
It was in the 50-60 cents range when I was growing up n/t PasadenaTrudy Jan 2015 #71
What is going on with the price of gas? dilby Jan 2015 #72
Back in the mid 60's, I remember gas being 15.9 cents per gallon. Arkansas Granny Jan 2015 #73
Here's the deal: I was making $8 to $10 an hour and gas was sixty cents a gallon. hunter Jan 2015 #74
Ten bucks an hour was a small fortune in the Seventies . . . another_liberal Jan 2015 #77
Wages varied wildly across the nation, if I recall. hunter Jan 2015 #80
I remember this also Gothmog Jan 2015 #75
Keep inflation in mind. 40 cents in 1965 is $3 in 2014 just by inflation. jeff47 Jan 2015 #76
The sad thing is that many Americans only make a little more than $5/hour now . . . another_liberal Jan 2015 #98
Exactly. jeff47 Jan 2015 #111
Old TV shows are great for this kind of thing Newsjock Jan 2015 #78
In the early 70's I bought gas for $.25 a gallon. upaloopa Jan 2015 #79
25 cents 1976 benld74 Jan 2015 #82
Waited in a block long line to fill up my brand new 1969 MG Midget for $2.50...went 400 miles plus libdem4life Jan 2015 #84
My brother-in-law had an MG then. It was fun to drive . . . another_liberal Jan 2015 #103
Absolutely...especially with the top down... libdem4life Jan 2015 #147
Wow! another_liberal Jan 2015 #148
Yeah, what can a 19 year old afford? Now it's Toyotas all the way. Two others...not my libdem4life Jan 2015 #149
Adjusted for inflation Kelvin Mace Jan 2015 #85
The cheapest I remember paying is 79 cents. NaturalHigh Jan 2015 #87
In the 60's I remember seeing Politicalboi Jan 2015 #90
I remember paying .73 in 88. ileus Jan 2015 #91
Me... TeeYiYi Jan 2015 #97
25 cents a gallon, and a free glass tumbler LiberalEsto Jan 2015 #99
Sinclair stations used to give all the kids in the car green plastic Brontosaurus toys . . . another_liberal Jan 2015 #100
I vaguely remember those. Remember the Esso tiger tails? LiberalEsto Jan 2015 #116
I remember when bread was 49 cents a loaf ailsagirl Jan 2015 #101
Its been below a buck a gallon Go Vols Jan 2015 #102
Where in motorist heaven have you lived? another_liberal Jan 2015 #109
10 cents a gallon back in early sixties in the south. 2banon Jan 2015 #104
Mid 1970's. SamKnause Jan 2015 #106
I remember when we were saying Jim Beard Jan 2015 #107
When my parents cleared out their old house, they found gas receipts csziggy Jan 2015 #108
Would a Buick be a land yacht instead of a barge? amandabeech Jan 2015 #121
Yeah, maybe land yacht would have fit that behemoth better csziggy Jan 2015 #123
FINS!!!!!!!!! amandabeech Jan 2015 #126
We had lots of cars with fins - loved those big GM sedans csziggy Jan 2015 #130
That Buick has intense amounts of Chrome. amandabeech Jan 2015 #142
Even the paint jobs on cars today are boring csziggy Jan 2015 #144
Yesterday I got gas for $1.57/gallon. Wow! SheilaT Jan 2015 #112
Well, of course. And my after school job paid $1.34 an hour so I was making bank! Shrike47 Jan 2015 #113
I did some field work one Summer vacation for a dollar an hour . . . another_liberal Jan 2015 #122
Cheapest I ever paid was 16.9 during a "gas war" in 1970... Contrary1 Jan 2015 #114
28.9 cents in PA in the early -mid 60's nt PCIntern Jan 2015 #115
In 1999, it was under 90 cents/gallon. muntrv Jan 2015 #117
Once...about 20 years ago krispos42 Jan 2015 #124
23 cents easychoice Jan 2015 #127
45 cents Skittles Jan 2015 #129
I do. In the 90's when Clinton was President. Raine1967 Jan 2015 #132
I paid .17 a gallon when I started driving, early 60s. immoderate Jan 2015 #133
in the late sixties lapfog_1 Jan 2015 #134
as a kid in the 70's I remember have to give my sister 50 cents to take me places. rufus dog Jan 2015 #135
I remember getting gas for 35 cents q gallon back sometime Cleita Jan 2015 #137
When you mentioned the car was a shell on four wheels I remembered a car Jim Beard Jan 2015 #140
This was mine. Cleita Jan 2015 #143
I remember 5 gallons for a buck. Lugnut Jan 2015 #141
When I was first learning to drive, it was 25 cents, Blue_In_AK Jan 2015 #150
Got my DL in 1966 and gas was $0.24/gal Lebam in LA Jan 2015 #151
The Cheapest I remember is 1.25 Drale Jan 2015 #154
I do. . . BigDemVoter Jan 2015 #155
Last time I saw that was 1992. Xithras Jan 2015 #157
I think it was around 25 cents when I was a kid and around 75 cents when I started driving gollygee Jan 2015 #159
I didn't start driving until 1972. bikebloke Jan 2015 #162
When I started driving my own car in high school in about 1967, it was about a quarter for a gallon aint_no_life_nowhere Jan 2015 #165
The Roanoke, VA WalMart in 1999, IIRC: $0.89 Recursion Jan 2015 #169
I do. ladyVet Jan 2015 #172
 

another_liberal

(8,821 posts)
2. Ah yes . . . those good old gas wars!
Tue Jan 13, 2015, 07:55 AM
Jan 2015

The old back-and-forth price cuts to try and maintain the cheapest price in town. I haven't seen one of those since the early Seventies.

 

B Calm

(28,762 posts)
3. Exactly! I think the average price was around 25 cents, but then a gas war would happen
Tue Jan 13, 2015, 08:04 AM
Jan 2015

and that's how I bought it for 19 cents. Mid to late 60's. . .

pinboy3niner

(53,339 posts)
4. Not to mention free dishware or glassware with fill-up
Tue Jan 13, 2015, 08:06 AM
Jan 2015

Courtesy of Putin. Just kidding, just kidding! I couldn't help myself.

pinboy3niner

(53,339 posts)
6. At least we still remember, lol
Tue Jan 13, 2015, 08:12 AM
Jan 2015

Enjoying the nostalgia trips while we can still have them.

riqster

(13,986 posts)
156. I had a glorious and extended misspent youth.
Thu Jan 15, 2015, 08:14 PM
Jan 2015

Casual sex, chemicals, rock and roll, wilderness adventure, travel, cool vehicles. Who needs a midlife crisis to do all that shit? I did it in the 60's and 70's when I was young enough to enjoy it (and when some were not yet lethal).

Now I limit my intake of such joys, am selective with some and have replaced others.

pinboy3niner

(53,339 posts)
12. Lawn chairs and TV trays, lol
Tue Jan 13, 2015, 08:29 AM
Jan 2015

I think that's what most of us got with our S&H Green stamps, lol. Perfect for TV dinners in front of the boob tube.

GGJohn

(9,951 posts)
48. OMG, you just brought back long suppressed memories.
Tue Jan 13, 2015, 11:12 AM
Jan 2015

S&H Green Stamps and the cards.
Thanks a lot, back to therapy for me.

 

Jim Beard

(2,535 posts)
145. You can get a pot holder for that many S&H Green Stamps
Wed Jan 14, 2015, 04:43 PM
Jan 2015

Whats in the rest of the catalog.

RebelOne

(30,947 posts)
83. Yes, I remember S&H green stamps.
Tue Jan 13, 2015, 02:27 PM
Jan 2015

I got a lot of good stuff with them. I also collected yellow stamps, but I don't remember where I got them. I think it was at the grocery store.

 

amandabeech

(9,893 posts)
118. Mom got some unbreakable melamine dinner ware
Tue Jan 13, 2015, 09:44 PM
Jan 2015

to replace the stoneware that was ending up in pieces too often. Bad amanda!

Our "good" dinnerware was Fostoria crystal. So very '50s and she still has it. I was not allowed to handle it at all until I was 12, so it survived.

pinboy3niner

(53,339 posts)
42. My family's good china was the dinnerware from boxes of DUZ detergent
Tue Jan 13, 2015, 10:57 AM
Jan 2015

I'll never forget that wheat pattern. It was actually a pretty elegant and classy design for something that came free out of a box of soap.





 

amandabeech

(9,893 posts)
119. Wheat designs were very popular in the '50s.
Tue Jan 13, 2015, 09:47 PM
Jan 2015

My mom has some drinking glasses that are etched with a wheat design. They are '50s vintage and very lovely. They'd go great with your plates!

Tanuki

(16,448 posts)
171. Fun fact: those wheat dishes were made by the Homer Laughlin china company in West Virginia
Fri Jan 16, 2015, 02:26 AM
Jan 2015

(my home state). This is the same company that makes the brightly colored Fiestaware, and all their products are still manufactured in the U.S. I, too, fondly remember eating many a meal on our wheat plates!
http://en.wikipedia.org/wiki/Homer_Laughlin_China_Company

 

another_liberal

(8,821 posts)
7. What gets to me is that big oil companies must still be making money at under two dollars . . .
Tue Jan 13, 2015, 08:14 AM
Jan 2015

Otherwise they wouldn't still be selling it to us, right? So why did our government allow them to rig the price up to four a gallon?

We've been getting screwed worse than we thought, and for years!

House of Roberts

(6,525 posts)
22. Amazing how low it goes with the speculators out of the market.
Tue Jan 13, 2015, 09:02 AM
Jan 2015

Cut out the Wall Street middle men, bidding up the price, and that's what's left.

RebelOne

(30,947 posts)
81. I remember way back in the early '50s when I was a teenager,
Tue Jan 13, 2015, 02:21 PM
Jan 2015

the price was about 15 cents or less for a gallon. Yes, I am old.

A guy that I was dating pulled up a gas station to fill up his car and the price was 35 cents a gallon. He drove off in disgust and said he was not going to pay that high price.

OLDMADAM

(82 posts)
164. Price wars were crazy in the 50's
Thu Jan 15, 2015, 10:52 PM
Jan 2015

We had a 4 corner price war in my neighborhood in Chicago. when it got to .08 a gal.. Ha!

 

2banon

(7,321 posts)
173. I'd almost swear remembering .08 a gallon..
Sat Jan 17, 2015, 08:52 PM
Jan 2015

of course I wasn't driving and having my car serviced for fill-ups until the late 60's .. but i do remember the service everybody got whether it was a fill-up or just a couple of gallons, same service. automatically they pumped the gas, wiped/cleaned the windshields, and checked the oil, and always asked if we wanted the air in the tires checked too, or anything else for that matter. Full service always. Until the shortage/embargo... when the embargo ended, we never returned to full service mode, which I never understood.

2naSalit

(102,793 posts)
88. That's when I
Tue Jan 13, 2015, 03:10 PM
Jan 2015

started driving a car and paying a whopping $0.30/gal. I do recall my parents being indignant about having to pay $0.27 (OMG! Right?) just before getting on the Mass. Turnpike north of Boston. And the dishes and steak knives and the stamps!!

Come to think about it, I used to get three or four books' worth of those stamps when I would fill up the 300gal. tanks on the truck! Got some nifty toys and appliances with those. Since I was always on the road, I filled up the tanks about three or four times a week.

And I do feel old.

OLDMADAM

(82 posts)
163. OMG.. Green Stamps, free towels and face clothes in soap, I remember it well..
Thu Jan 15, 2015, 10:47 PM
Jan 2015

We would each get a piece of flatware or china with a ticket at the theater..

napi21

(45,806 posts)
138. Yep! I remember watching those prices and thinking"Yea, I can afford to put gas in a car when I buy
Wed Jan 14, 2015, 12:56 AM
Jan 2015

one. I was 18yo and just got my first job.

Of course I also remember the gas lines when you could only buy gas on certain days.

I realize Wall Street and the oil producers like Texas, Russia, etc. hate what's going on now, I happen to LIKE the $1.89 gas.

ProfessorGAC

(76,704 posts)
146. Not That Low
Wed Jan 14, 2015, 04:50 PM
Jan 2015

But when i started driving it was around 39 cents.

When gas prices spiked suddenly in the mid-70's, gas finally went over a buck. When that happened, a lot of the pumps didn't have a third digit build in for the price per gallon.

So, they had to regear thousands of pumps to flip the dials every half gallon, or they would just post a sign on the pump saying that the gas wasn't 51 cents but twice that. So if the pump said $5, you owed $10.
GAC

 

HockeyMom

(14,337 posts)
9. 97 cents in Northern NJ in late 90s
Tue Jan 13, 2015, 08:27 AM
Jan 2015

Not THAT long ago. Lived in NY but we filled up in NJ when we took daughter to hockey games there.

nitpicker

(7,153 posts)
17. Ditto in Prince William VA
Tue Jan 13, 2015, 08:31 AM
Jan 2015

Sometime around 97-98, a Wawa was down to 68 cents during a price war ((and probably a promotion to get people into their mini-mart)). But other places were under a dollar too.

 

alcibiades_mystery

(36,437 posts)
46. Yup. I paid 95 cents a gallon somewhere in Montana when I was driving across country in 1998
Tue Jan 13, 2015, 11:08 AM
Jan 2015

I remember it distinctly because it was somewhat rare to find gas for under a dollar. But it was usually like 1.19 a gallon.

rogerashton

(3,960 posts)
11. Cruising for beer and girls --
Tue Jan 13, 2015, 08:28 AM
Jan 2015

not that the episcopal preacher's kid, his buddy and I ever managed to pick up any girls! -- somebody was expected to put a dollar's worth in the tank to keep us cruising for the night.

pinboy3niner

(53,339 posts)
18. We'd all chip in our small change to buy a gallon or two
Tue Jan 13, 2015, 08:32 AM
Jan 2015

So we could keep cruisin' that boulevard. For many of us, it WAS the Boulevard of Broken Dreams. Or at least it felt like it some nights.

Xipe Totec

(44,558 posts)
14. This should be making all other products cheaper to produce and transport,
Tue Jan 13, 2015, 08:30 AM
Jan 2015

So we should see the price of manufactured goods drop as well, right?

Companies wouldn't possibly pocket the extra cash, right? More money for everyone, right?

... right?

... hellooooooo!


... sigh.


treestar

(82,383 posts)
38. Why not?
Tue Jan 13, 2015, 10:49 AM
Jan 2015

It could happen. People always look for bargains, and prices get lowered there - there were the gas wars when it was really cheap, the station down the street would lower the price to get the customers. Supply and demand does work both ways.

Xipe Totec

(44,558 posts)
41. I'm not talking about gas, I'm talking about goods
Tue Jan 13, 2015, 10:57 AM
Jan 2015

Things made of plastic, which comes from oil.

Things that get transported on trucks, like watermelons.

Things like bread which needs to be baked and therefor consumes energy.

The cost of goods is always in some way affected by the price of oil. Sometimes it is the biggest cost component.

Yet, I'm not seeing the price of anything besides gas dropping.

Are you seeing any price drop?

Besides gas?

treestar

(82,383 posts)
44. It could take a while, but these prices would drop
Tue Jan 13, 2015, 11:01 AM
Jan 2015

there's always the contest for customers.

Xipe Totec

(44,558 posts)
86. That's the theory. The reality is that company profits rise instead.
Tue Jan 13, 2015, 02:45 PM
Jan 2015

Competition is a joke.

 

Scuba

(53,475 posts)
16. I remember 22 cents a gallon and they gave you free dishes, check your oil, cleaned your windshield.
Tue Jan 13, 2015, 08:31 AM
Jan 2015
 

B Calm

(28,762 posts)
19. In 1969 there was a gas station in Mayport, Florida that had girls in bikini's
Tue Jan 13, 2015, 08:52 AM
Jan 2015

pumping gas and washing windshields. Since it was right outside of the Newport Naval Station, trust me it was always busy!

treestar

(82,383 posts)
36. As a kid I remember the things they'd give you
Tue Jan 13, 2015, 10:47 AM
Jan 2015

They had a doll collection - you got one doll each time. They were from around the world. We collected all ten or twelve or whatever it was. Each one was dressed up in national costume, Sweden, Germany, Spain, etc. Come to think of it they were all European, not from around the world.

John1956PA

(4,964 posts)
20. I remember the "Oil Crisis" of October 1973 when the price rose to 50 cents per gallon.
Tue Jan 13, 2015, 08:53 AM
Jan 2015

It was the first time in the 1970s that vehicles waited in long lines at service stations. The second time would be in 1979.

http://www.npr.org/blogs/parallels/2013/10/15/234771573/the-1973-arab-oil-embargo-the-old-rules-no-longer-apply

From the Wikipedia acticle:



 

amandabeech

(9,893 posts)
120. By December, it was $0.75 in southeast Michigan if you could find it.
Tue Jan 13, 2015, 09:52 PM
Jan 2015

I was in college at U-Mich, which has finals before Christmas break. I finished my last final on a Saturday afternoon, and was looking to leave on Sunday--my drive was 4 hours at 55 mph! But there was no gas station open on Sunday that I could find because Sunday gas sales were discouraged. I had to wait till Monday for my journey, which seemed like an eternity!


When I started driving, it was $0.40, but I remember when it was $0.29.

FSogol

(47,623 posts)
30. I remember gas at 39.9 also because the 9/10th always annoyed me. By the time I started
Tue Jan 13, 2015, 09:30 AM
Jan 2015

driving, gas was 89.9

madokie

(51,076 posts)
23. Seen it sell for 9 cents a gallon
Tue Jan 13, 2015, 09:04 AM
Jan 2015

personally bought gas for 15 cents a gallon. Pumped a few thousand gallons for from 21 to 31 cents a gallon.

Hell I must be getting old, huh

pinboy3niner

(53,339 posts)
27. Now hose tellin' war stories?
Tue Jan 13, 2015, 09:19 AM
Jan 2015


My best friend in HS worked at his dad's gas station--and it was hard work! More power to ya, brother!

Mugu

(2,888 posts)
110. You have a couple of years on me.
Tue Jan 13, 2015, 07:42 PM
Jan 2015

The first tank of gas that I bought was $19.9 a gallon for my 57 Chevy.

Yes, we're getting old.

LWolf

(46,179 posts)
24. Gas was .49 when I was in high school,
Tue Jan 13, 2015, 09:15 AM
Jan 2015

and in the .35 range shortly before that. And by my senior year, we were waiting in lines around the block hoping to fill up before the station literally ran out of gas.

While I enjoy lower gas prices, I actually don't want to go back to the times when it was okay to drive big gas guzzlers because gas was cheap. I don't want cheap gas to be a rationalization for continuing to pollute air and heat up the planet.

 

Jim Beard

(2,535 posts)
92. 28.9 for "Good Gulf" gasoling in the mid 1960's
Tue Jan 13, 2015, 04:20 PM
Jan 2015

Cheap. minimum wage was $1.25 an hour. Cocca cola 10cents

notadmblnd

(23,720 posts)
29. in 1973 gas was a round 40 cents a gallon
Tue Jan 13, 2015, 09:28 AM
Jan 2015

I remember it in the 60's for as little as 26 cents. I remember in the 90's it was around 1.30

dixiegrrrrl

(60,160 posts)
33. Dec. 1963.....25 cents a gallon
Tue Jan 13, 2015, 10:21 AM
Jan 2015

Have no idea of gas prices before then, because I never drove a car, so that was not my focus.

I do remembering driving thru Texas that Dec., and buying a HUGE hamburger for 25 cents, plus filling the car at 25 cents a gallon.
The price co-incidence was what stuck in my mind.
Was very impressed at the size of the take out hamburger.

RoverSuswade

(641 posts)
34. I think it was 19 cents a gallon in 1950.
Tue Jan 13, 2015, 10:43 AM
Jan 2015

Cigarettes were 20 cents a pack. I could buy them at the corner grocery store for my mom (I was 9). You could lay 20 items on the counter and the grocer would just add everything up in his head.

 

another_liberal

(8,821 posts)
94. I bought my comic books at a little country store . . .
Tue Jan 13, 2015, 06:54 PM
Jan 2015

The cashier was a tiny old woman who always wore flower-print dresses, and always figured your bill on scrap of paper.

treestar

(82,383 posts)
35. I remember mom trying to find the cheapest gas
Tue Jan 13, 2015, 10:45 AM
Jan 2015

She drove around looking for it. Which seems a bit dumb, but in those days it was cheap. The prices were 30 or 31 cents per gallon and we stopped to fill up where it was 29 cents per gallon - that was the cheapest we found.

I'm approximating it was the late 60s, when I'd be old enough to recall this incident and it could have been that cheap.

 

Man from Pickens

(1,713 posts)
39. I saw $1.79 gas this morning
Tue Jan 13, 2015, 10:53 AM
Jan 2015

I was stunned, almost took a picture, then I realized that we can expect these prices to stick around for a while.

 

oberliner

(58,724 posts)
45. I remember it always being a buck and change
Tue Jan 13, 2015, 11:01 AM
Jan 2015

When it started to hit $2 in some places, that seemed really strange. Then there was that quick climb up until the 4's and I thought we'd never see 2 again. Crazy what is happening now - but I love it personally!

 

LannyDeVaney

(1,033 posts)
47. Right as it approached $1 ...
Tue Jan 13, 2015, 11:11 AM
Jan 2015

some places started posting the 1/2 gallon price because they didn't have anything to show 3 digits. Remember that?

 

another_liberal

(8,821 posts)
95. Yeah, they did!
Tue Jan 13, 2015, 06:58 PM
Jan 2015

I had heard what the price of gas was in Europe at the time, but it was still hard to imagine. I got in arguments with friends who just couldn't believe they would ever have to pay a full dollar a gallon.

johnsolaris

(220 posts)
49. good old days
Tue Jan 13, 2015, 11:19 AM
Jan 2015

Hi,

I paid 12 cents a gallon back when I started college. The gas stations in town were having a price war, remember those, and I could fill up my car for $2. When the price war ended, the price went up to 18 cent a gallon. It is nice to remember the good old days.

fredamae

(4,458 posts)
52. $0.4 Cents pg
Tue Jan 13, 2015, 11:33 AM
Jan 2015

in the mid-1950's....not me, but my parents did during a local "gas war"...PLUS we got our oil, air pressure and radiators checked, our windshields washed And a free drink glass or a box of Jell-O or a "Jewel Toned" Aluminum Glass fill with Cottage Cheese or a Can of Campbells Soup etc with every fill.

KansDem

(28,498 posts)
53. I think the lowest I saw was 27 cents a gallon...
Tue Jan 13, 2015, 11:34 AM
Jan 2015

Late '60s.

I remember thinking it would never get any higher than 36 cents a gallon!

If a friend drove, we would chip in a couple of quarters, maybe a buck, for gas...

Beach Rat

(273 posts)
54. I remember low prices clearly.
Tue Jan 13, 2015, 11:40 AM
Jan 2015

Back pre-arab oil embargo in the 70's when under .50 was the norm. I also remember paying less than a dollar and it wasn't that long ago. I remember paying .98 at Bulldog gas on Route 38 in Mount Holly, NJ in 2000. I was from out of the area and didn't notice how low the price was. I asked for $20 worth and the car filled up on only $15.

LiberalArkie

(19,806 posts)
56. I remember my dad telling us that we could not afford to go on vacation
Tue Jan 13, 2015, 11:49 AM
Jan 2015

because gas was up to 25 cents a gallon.

Art_from_Ark

(27,247 posts)
160. We never went on vacation no matter how low gas was
Thu Jan 15, 2015, 10:11 PM
Jan 2015

It was a special treat just to go for a drive in the countryside around Fayetteville for an hour or so. It was a super special treat when my uncle came down for a visit, since he would sometimes take us all the way down to Mountainburg, or even way over to Eureka Springs.

Ah, the good ol' days.

LiberalArkie

(19,806 posts)
167. It was about the same, vacation = weekend at Heber Springs or such
Thu Jan 15, 2015, 11:53 PM
Jan 2015

Still a long drive from El Dorado. To me as an asthmatic child, getting away from the chemical plants to clean air was fantastic.

Art_from_Ark

(27,247 posts)
168. Ah, the Arkansas Oil Patch
Fri Jan 16, 2015, 12:10 AM
Jan 2015

I've only been down there once, on a bicycle at that, back in the '70s. I saw lots of oil derricks, especially around Smackover, and the air wasn't the greatest. The odor I remember most from that area was a strong paper mill smell.

CountAllVotes

(22,215 posts)
57. Raises hand
Tue Jan 13, 2015, 11:50 AM
Jan 2015

I remember the day you could put $1.00 worth of gasoline in your car (my girlfriend had an old Chevy Impala -- a real gas hog that thing was!) and you could drive around all night!

Those were the days! I actually had a life at one time.



meaculpa2011

(918 posts)
58. I remember gas at 22.9 cents in Brooklyn, but...
Tue Jan 13, 2015, 11:53 AM
Jan 2015

it was 39.9 cents in Manhattan.

Price wars would cause fluctuations of a few cents, then they started giving away steak knives and sports logo glasses with a fill-up.

I still have a few NY Mets glasses in the attic.

Douglas Carpenter

(20,226 posts)
59. I remember the first time I saw gasoline for $1.00 - that was at a remote place - Lucia, Calirornia
Tue Jan 13, 2015, 12:00 PM
Jan 2015

a tiny speck of a town on Highway 1 deep into Big Sur - That would have been September 1977.

When I got my first car at 16 in 1971 gasoline was about 35 cents a gallon.

 

another_liberal

(8,821 posts)
96. Out of the way places and stations right off Interstate highway were first to break a dollar . . .
Tue Jan 13, 2015, 07:00 PM
Jan 2015

At least where I was at the time.

Fearless

(18,458 posts)
60. 0.89/gal in 2007.
Tue Jan 13, 2015, 12:02 PM
Jan 2015

I remember the first tanks of gas I put in my new car (at the time) cost me $11.

Kablooie

(19,107 posts)
62. 29 cents at Arco was the cheapest when I had my first car.
Tue Jan 13, 2015, 12:10 PM
Jan 2015

Richfield had recently become Arco.
They were the first where you had to pump your own gas.

Everywhere else cost a little more but you could remain sitting in your car.
And remember them cleaning the windshield and checking the oil every time you got gas.
Some places even had guys in white uniforms with little white caps.

gblady

(3,552 posts)
63. I remember 25 cents.....
Tue Jan 13, 2015, 12:12 PM
Jan 2015

College years.....gas=25 cents a gallon, bread=25 cents per loaf, and hamburger=25 cents per pound.

I remember people speculating in those years that one day bread would cost over one dollar per loaf and we thought they were nuts.....sigh!

Art_from_Ark

(27,247 posts)
170. Back in the late '80s, Bu$h Sr.
Fri Jan 16, 2015, 02:11 AM
Jan 2015

thought that $19 was a reasonable price for a loaf of bread

fizzgig

(24,146 posts)
64. it was around 95 cents when i got my license in 97
Tue Jan 13, 2015, 12:19 PM
Jan 2015

and we paid less than 90 cents driving from CO to IL in 98 or 99.

former9thward

(33,424 posts)
66. It was 2 cents a gallon at gas stations in Iraq in 2003-4.
Tue Jan 13, 2015, 12:36 PM
Jan 2015

American equivalent from the Iraqi dinar. Of course that was government subsidized. I don't know what the 'real' price was.

 

another_liberal

(8,821 posts)
93. The "real price" was having to be in Iraq to buy it . . .
Tue Jan 13, 2015, 06:51 PM
Jan 2015

That had to have made it expensive.

kimbutgar

(27,248 posts)
67. When I first learned how to drive it was 49 cents a gallon.
Tue Jan 13, 2015, 12:51 PM
Jan 2015

It cost $7 to fill up my 66 mustang.

lpbk2713

(43,273 posts)
68. 22 - 24 cents a gal when I bought my first car around 1960.
Tue Jan 13, 2015, 12:57 PM
Jan 2015



The attendant or owner would always pump it and usually offer to check under the hood and clean the windshield. Some times there were freebies like drinking glasses or dish towels. I didn't see pumping your own gas until several years later. That started with the cut-rate gas stations, not the name brand stations.

MineralMan

(151,269 posts)
69. Sure. It was about 25 cents a gallon when I was in high school,
Tue Jan 13, 2015, 01:00 PM
Jan 2015

but that was back in the early 1960s. Lots of stuff was cheaper like that. I could take my girlfriend to a movie and get burgers and Cokes and still get change from a $5 bill, back then, too. Inflation makes all these numbers sort of meaningless really. Around the same time, you could get a decent house for $15,000 and a new car for $2000, too. Everything today costs ten times what it did then, except maybe television sets.

We can't just look at prices from the past. They make no sense, given inflation.

Scruffy Rumbler

(961 posts)
70. Remember when the pumps weren't designed to handle any price over $.99?
Tue Jan 13, 2015, 01:02 PM
Jan 2015

I was with my mother when we stopped one time. She didn't see the sign that said the price shown was for 1/2 gallon. She was very pissed when she went to pay and it was twice as much. It blew her very limited budget until next payday. And of course, this was NY. I am there now and the price is still about $2.69 here.

dilby

(2,273 posts)
72. What is going on with the price of gas?
Tue Jan 13, 2015, 01:03 PM
Jan 2015

Ten years ago everyone was talking about peak oil with the prediction we were running out of the resource. Today it seems there is more oil than we need and the market is being flooded with cheap oil.

hunter

(40,690 posts)
74. Here's the deal: I was making $8 to $10 an hour and gas was sixty cents a gallon.
Tue Jan 13, 2015, 01:34 PM
Jan 2015

This was for semi-skilled heavy labor, and yeah, it was sexist and women were not accepted in that work. Women were getting paid $5 to $8 for less laborious but equivalently skilled work.

My rent for a crappy shared apartment in 1979 was $85.

I rarely thought about the price of gasoline then, especially since I had a smaller car that got 25 miles per gallon, even when I drove it like young men tend to do.

Fast forward to today, those same semi-skilled labor jobs pays $10 to $12 an hour, and many of the workers are not young guys moving on up in the world, they are often older guys who hurt all the time, eat a handful of ibuprofen or naproxen in the morning, and drink three tall ones when they get home. And the rents they pay on their apartments is usurious.

 

another_liberal

(8,821 posts)
77. Ten bucks an hour was a small fortune in the Seventies . . .
Tue Jan 13, 2015, 01:52 PM
Jan 2015

At least for a working person it was.

hunter

(40,690 posts)
80. Wages varied wildly across the nation, if I recall.
Tue Jan 13, 2015, 02:21 PM
Jan 2015

In 1979 minimum wage in California was $2.90, in Georgia it was $1.23, and some states had no minimum wage.

http://www.dol.gov/whd/state/stateMinWageHis.htm

My first job out of high school (a few years before 1979) with no benefits, no security, no fixed hours, paid $5 an hour and I recall that was pretty common in our rapidly developing area of Southern California.

jeff47

(26,549 posts)
76. Keep inflation in mind. 40 cents in 1965 is $3 in 2014 just by inflation.
Tue Jan 13, 2015, 01:51 PM
Jan 2015

Handy tool if you want to eliminate inflation from your comparisons: http://data.bls.gov/cgi-bin/cpicalc.pl

That $5/hour job in 1965 is about $37/hour in 2014.

 

another_liberal

(8,821 posts)
98. The sad thing is that many Americans only make a little more than $5/hour now . . .
Tue Jan 13, 2015, 07:03 PM
Jan 2015

And they still have to pay today's prices for gasoline.

jeff47

(26,549 posts)
111. Exactly.
Tue Jan 13, 2015, 07:42 PM
Jan 2015

Kinda takes the wind of out the sails of the "Those lazy kids today" crowd.

Today's federal minimum wage is $0.97/hr in 1965.

 

libdem4life

(13,877 posts)
84. Waited in a block long line to fill up my brand new 1969 MG Midget for $2.50...went 400 miles plus
Tue Jan 13, 2015, 02:35 PM
Jan 2015

on one tank. Outside my apartment window I observed "gas wars", 25 cents, give or take, because there was one on each of the four corners. It was hilarious. Every day, someone would be out there changing up the sign.

But then that's the same place I wandered out of bed during the night and thought I was dreaming. My car was in front of the apartment building and they were moving a house down the street. Came really close and I thought it would be funny to make an insurance claim..."stopped, parked car hit by moving house".

Off topic, just an old, funny memory...for the old folks.

 

libdem4life

(13,877 posts)
147. Absolutely...especially with the top down...
Thu Jan 15, 2015, 11:56 AM
Jan 2015

...until an old lady pulled out in front of me while I was going maybe 35 per hour, and it folded up like a soda or beer can. Mine never got old enough to need repairs.

 

another_liberal

(8,821 posts)
148. Wow!
Thu Jan 15, 2015, 02:21 PM
Jan 2015

They are not the car to have a wreck in, that's when one pays for the lightness of handling.

 

libdem4life

(13,877 posts)
149. Yeah, what can a 19 year old afford? Now it's Toyotas all the way. Two others...not my
Thu Jan 15, 2015, 06:26 PM
Jan 2015

fault, truly (Karma, I guess) and just minor injuries. My son says I drive like an old lady. I tell him thank you...and after he had a big scare, so does he. Boy, this really got off subject...hey, thanks for the reply anyway.

 

Kelvin Mace

(17,469 posts)
85. Adjusted for inflation
Tue Jan 13, 2015, 02:41 PM
Jan 2015

gasoline is about where it was in 1973 before the OPEC embargo, $2 a gallon.

NaturalHigh

(12,778 posts)
87. The cheapest I remember paying is 79 cents.
Tue Jan 13, 2015, 02:59 PM
Jan 2015

Ah, the good old days of filling up my Trans-Am for twelve dollars and cruising all weekend.

 

Politicalboi

(15,189 posts)
90. In the 60's I remember seeing
Tue Jan 13, 2015, 03:20 PM
Jan 2015

29 cents a gallon. When I started driving in 1977, it was 48 cents.

TeeYiYi

(8,028 posts)
97. Me...
Tue Jan 13, 2015, 07:02 PM
Jan 2015

At less than 50 cents per,... gas and smokes were about the same price.
Good times.

TYY

 

LiberalEsto

(22,845 posts)
99. 25 cents a gallon, and a free glass tumbler
Tue Jan 13, 2015, 07:03 PM
Jan 2015

in a hideous shade of brownish gold or avocado green. And a pack of Camels was a quarter, back when I used to smoke. 1969. New Jersey.

 

another_liberal

(8,821 posts)
100. Sinclair stations used to give all the kids in the car green plastic Brontosaurus toys . . .
Tue Jan 13, 2015, 07:10 PM
Jan 2015

Known as Apatosaurus today, I guess it's still their company logo.

ailsagirl

(24,287 posts)
101. I remember when bread was 49 cents a loaf
Tue Jan 13, 2015, 07:14 PM
Jan 2015

And when Hershey bars were 5 cents

And I'm not that old!!

 

2banon

(7,321 posts)
104. 10 cents a gallon back in early sixties in the south.
Tue Jan 13, 2015, 07:20 PM
Jan 2015

I know because I needed a dime to be able to fill up the gallon gas jug for the lawn mower.

 

Jim Beard

(2,535 posts)
107. I remember when we were saying
Tue Jan 13, 2015, 07:30 PM
Jan 2015

"they are going to get it up to 50 cents a gallon" and then later we were saying, "they are going to get it up to a dollar a gallon"

csziggy

(34,189 posts)
108. When my parents cleared out their old house, they found gas receipts
Tue Jan 13, 2015, 07:32 PM
Jan 2015

From when I had a car in high school - 14 to 17 cents a gallon back in the late 1960s.

No wonder they didn't worry about giving me my grandmother's old Buick Special land barge with a huge V8 engine to drive to school and back. They did complain at one point about how much gas I was using, asked if I was taking friends on drives after school. I wasn't - and when I did extra driving, I bought gas out of my own pocket and didn't use their account.

I ran out of gas one day and when a friend tried to prime the carbuerator and told me to pump the pedal it sprayed gas all over him. It turned out that the fuel pump diaphragm had a hole in it. Once we got that fixed, the gas usage went way way down.

 

amandabeech

(9,893 posts)
121. Would a Buick be a land yacht instead of a barge?
Tue Jan 13, 2015, 10:02 PM
Jan 2015

It was upscale, being ahead of Chevy, Pontiac and Olds and just behind Cadillac.

Would a barge really have that much chrome?

csziggy

(34,189 posts)
123. Yeah, maybe land yacht would have fit that behemoth better
Tue Jan 13, 2015, 10:56 PM
Jan 2015

It was a 1958 Buick Special, four door, emerald green with white roof, big fins, LOTS of chrome.

We started calling our original Suburban a land barge ages ago and have used that for oversized vehicles ever since. But for big fancy cars, land yacht fits better. Thanks!

 

amandabeech

(9,893 posts)
126. FINS!!!!!!!!!
Tue Jan 13, 2015, 11:29 PM
Jan 2015

I love fins!!!!

I grew up in Michigan, and love classic cars.

Fins are my absolute favorite and emerald green is one of my favorite colors.

You should feel honored to have ridden in such a prestigious vehicle.

I bow down to you and your family!










csziggy

(34,189 posts)
130. We had lots of cars with fins - loved those big GM sedans
Tue Jan 13, 2015, 11:43 PM
Jan 2015

The '58 Buick was a particular favorite since it was in the family for years. Grandmother bought it new. When she got the replacement, and unforgettable '64 Buick, she sold the '58 to Dad. My oldest sister got to drive it for a few years then it was passed down to me when I turned 16. I drove it until I went off to college in 1970 and Dad sold it to a local mechanic. Since the body and interior were in great shape, he cleaned it up and drove it around as a family car for a while, then sold it to a collector.

Here is a 1958 Buick Special, though not the emerald green we had:


Meanwhile, Mom got a '61 Caddy. While it didn't have the spectacular fins of the older GMs it had cool pointy fins:

That wasn't ours, but the same model. Mom's was black - had previously belonged to a funeral home. She got grandmother's 64 Buick after grandmother passed away, then got her 77 Caddy that she still has.

 

amandabeech

(9,893 posts)
142. That Buick has intense amounts of Chrome.
Wed Jan 14, 2015, 01:48 PM
Jan 2015

Those horizontal pointy fins on the Caddy make a really nice line.

Cars these days all look alike because they're aerodynamically designed for good gas mileage. It's nice to see some of the older ones with real personality.

Thanks for sharing!

csziggy

(34,189 posts)
144. Even the paint jobs on cars today are boring
Wed Jan 14, 2015, 04:22 PM
Jan 2015

If I keep my Suburban much longer (and I plan to keep it until it dies - or I do) I'll either have to get it painted or get a car wrap for it.

If I paint it, it will shade from royal blue on the bottom to light blue on top in metal flake. If I don't do that I think it would be cool to put some neat piece of art on a car wrap over the whole truck.

Something like Walter Crane's Neptune's Horses:


Flip it so both sides show the horses moving forward and it would be great!

 

SheilaT

(23,156 posts)
112. Yesterday I got gas for $1.57/gallon. Wow!
Tue Jan 13, 2015, 07:52 PM
Jan 2015

Change back from a twenty dollar bill!

I had two episodes of extremely cheap, as in under .20/gal. First was in northern NYS in 1961-62. The second was in Tucson, AZ in about 1966-67. Both times I was paying decidedly less than twenty cents a gallon.

In fact, checking an inflation calculator tells me that what I paid yesterday is very, very close to the real cost fifty or so years ago.

 

another_liberal

(8,821 posts)
122. I did some field work one Summer vacation for a dollar an hour . . .
Tue Jan 13, 2015, 10:54 PM
Jan 2015

But we all got a lukewarm beer at the end of the day, no matter what age we were.

easychoice

(1,043 posts)
127. 23 cents
Tue Jan 13, 2015, 11:31 PM
Jan 2015

I had a 1954 Volkswagon that took $2.00 dollars worth.It lasted me a week and a half.LOL

Raine1967

(11,676 posts)
132. I do. In the 90's when Clinton was President.
Tue Jan 13, 2015, 11:50 PM
Jan 2015

It was actually a year before that effin' damn election.

97-96 cents a gallon. Hudson valley NY. It wasn't really that long ago.



 

immoderate

(20,885 posts)
133. I paid .17 a gallon when I started driving, early 60s.
Wed Jan 14, 2015, 12:00 AM
Jan 2015

When this song came out in '70 it jokes at gas for .40 a gallon. This later version has .95 as the "joke."



--imm

lapfog_1

(31,904 posts)
134. in the late sixties
Wed Jan 14, 2015, 12:03 AM
Jan 2015

i had a 1959 VW bug with a 34 hp air cooled motor and I could put .50 in the tank and drive for about a week between school and home...

and I had one of these



and I could undo 4 bolts and pick the engine up (with my hands) and carry it into the basement to work on it in the winter time.

it got around 50mpg


 

rufus dog

(8,419 posts)
135. as a kid in the 70's I remember have to give my sister 50 cents to take me places.
Wed Jan 14, 2015, 12:06 AM
Jan 2015

She was in college with no cash so the 50 cents covered my drop off plus her trip back across town to college.

Had a 78 Datsun PU when I was a Sr in HS. We would all chip in 50 cents for gas and another buck or two for beer and that would cover the expenses for the night. A fill up would be 7 to 8 dollars. I think my job paid $2.75 or $3.25 per hour.

Cleita

(75,480 posts)
137. I remember getting gas for 35 cents q gallon back sometime
Wed Jan 14, 2015, 12:25 AM
Jan 2015

in the fifties. I used to fill my first car a Renault for $2. The gas station guys used to tease me about not being able to make money off of me. Gas must have been even cheaper then although the tank only held 10 gallons I believe. I also used to get 24 miles to the gallon so I didn't have to fill it up that often. Oh well the car was mostly a motor scooter with a shell and four wheels.

 

Jim Beard

(2,535 posts)
140. When you mentioned the car was a shell on four wheels I remembered a car
Wed Jan 14, 2015, 01:34 AM
Jan 2015

that was originally seen on the highway in the 1960's It was a small shell on 3 WHEELS. @ in the front and one in the back. My father called it a "Turd on wheels" and my brother never quit laughing.

Cleita

(75,480 posts)
143. This was mine.
Wed Jan 14, 2015, 02:49 PM
Jan 2015


I was wrong (senior memory). It got up to 40 mpg. It was fun to drive up until the day it fell apart almost all at once, which gave it the reputation of the worst car of all times.

Aw. The good old days.

Blue_In_AK

(46,436 posts)
150. When I was first learning to drive, it was 25 cents,
Thu Jan 15, 2015, 06:34 PM
Jan 2015

sometimes as low as 19 cents if a gas war was going on. If you were riding around with your friends, you could put a fair amount of gas in the car with the spare change everyone had. There were guys working at the gas stations who checked your oil and cleaned your windshield, too, even if you were only paying a dollar for your gas.

Back in my day...

Drale

(7,932 posts)
154. The Cheapest I remember is 1.25
Thu Jan 15, 2015, 07:33 PM
Jan 2015

I'm sure it was less in my life time but my earliest memory of gas prices is 1.25

BigDemVoter

(4,700 posts)
155. I do. . .
Thu Jan 15, 2015, 08:11 PM
Jan 2015

The cheapest I can even hazily recall was around 35 cents/gallon. I can CLEARLY recall it hitting 55 cents & people having conniptions about it.

Xithras

(16,191 posts)
157. Last time I saw that was 1992.
Thu Jan 15, 2015, 08:18 PM
Jan 2015

I remember because the gas station I used to fill at didn't have a spot for a third digit on their big sign by the street. They duct taped a big piece of cardboard in front of the numbers to add the dollar. Some of the kids from the local high school would rip the cardboard off the sign and walk in asking about the "one penny gasoline". The poor guy probably had to replace the cardboard "1." at least fifty times in the few weeks it took them to update the signage.

gollygee

(22,336 posts)
159. I think it was around 25 cents when I was a kid and around 75 cents when I started driving
Thu Jan 15, 2015, 10:01 PM
Jan 2015

If my memory is working today.

bikebloke

(5,262 posts)
162. I didn't start driving until 1972.
Thu Jan 15, 2015, 10:19 PM
Jan 2015

I'm only reminded of gas prices then when watching Starky & Hutch on DVD (it's been a while and I don't recall). Usually, they roar past some gas station with the price posted.

Recursion

(56,582 posts)
169. The Roanoke, VA WalMart in 1999, IIRC: $0.89
Fri Jan 16, 2015, 12:12 AM
Jan 2015

Shot up pretty quickly, though, once they had killed off the local gas stations.

ladyVet

(1,587 posts)
172. I do.
Fri Jan 16, 2015, 06:54 AM
Jan 2015

When I started driving in 1974, it was still under .30 a gallon, if you went to one of those new-fangled places that made you pump it yourself. Before that, it was the odd/even day thing, which drove my father crazy from worrying he would run out before he could get more.

It upset Daddy to no end that milk and bread cost more than gas. He used to say he could walk to work, but he couldn't stop feeding his kids.

I remember getting things at the gas station, glasses, toys, maps, all sorts of things. One place had Christmas ornaments during the season. We could get Daddy to go to one station or another based on what they were giving out. I remember Esso stations, with their tiger.

At Christmas, stores had big displays of the Coca Cola Santa for that year. Of course, we mostly bought other brands of soft drinks, because they were cheaper. The same with candy. An RC Cola or Cheerwine (which Daddy calls Cherry Wine to this day) and a Moon Pie was a lot cheaper than a Coke or Pepsi and most chocolate bars. My brother and I could get a big bag of candy for recess for under five cents (two for a penny, three for a penny, five for a penny).

My mother would buy one brand of detergent or another depending on what we needed in the house at the time (dishtowels, dishes, kitchen tools, etc.) We always got toys in our cereal -- and Cracker Jacks had some good stuff, too.

We saved Green Stamps or Gold Bond stamps. I spent a lot of time licking stamps and putting them in books! When I got out of the USAF in 1981, I had to buy a refrigerator, as the house we rented didn't come with one. The local hardware store gave us a huge stack of Green Stamps, and the grocery story we shopped at gave double stamps on Tuesdays. By Christmas, I had enough books filled to get all the presents I needed. I learned to cut up a sponge and wet it, then use it to moisten the stamps so I could fill a book really fast.

Some grocery stores would have dishes you could get with a minimum purchase, and I remember this happening even into the 90s. In 1976 I bought a set of pots and pans from a salesman right before joining the USAF. I paid for them monthly, and I still have them (except for a couple of things that were stolen). Wonderful quality.

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