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When was gas .29 per gallon?

Updated: 11/3/2022
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15y ago

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Gasoline in the U.S. was .29 cents a gallon in the very early 60s. After around 1964 the price went up and it never got that low again. But understand that .29 cents in 1966 is not the same as .29 cents today. The average worker in 1964 earned less than $3 per hour. The problem is not that gasoline is high priced. The problem is that the U.S. dollar is so cheap.

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