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When was the last time the price of gasoline was 11 cents?

Updated: 8/17/2019
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15y ago

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In the 1920s but .11 cents in 1920 was not the same as .11 cents today. It was more of the average disposable income than $1.00 is today.

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Q: When was the last time the price of gasoline was 11 cents?
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So I guess it was 12 1/2 cents per gallon. At least in CanadaMonthly FeatureFebruary 1999White Rose and Red Seal Gasoline price signs for visible gas pumps - circa 1928.Canadian law ruled taxes must be shown separately .Gasoline Pricesor "The good old days"View this article in conjunction with the new "GASOLINE" page* We don't have to make good excuses --- We make good gasoline *(1916 advertisement)* White Rose Gasoline sells for more per gallonand is worth more than it sells for ** White Rose Costs Less Per Mile *canadian Oil Companies Limited didn't hide the fact that their gasoline cost more per gallon than the competition's--- indeed they actively promoted the difference. For many years White Rose Gasoline sold for 3 cents more per gallon than the competitions.They were proud of their quality and reputation."18 Reasons Why" , a 1926 pamphlet similar in size to an En-Ar-Co Oil News booklet ,dealt exclusively with the reasons White Rose Gasoline was the better bargain.Perhaps those weren't reasons enough, for later that same year the company saw the need for a second grade of gasoline -----Red Seal Gasoline was introduced "at the same price as (the competetions) regular".The company was very careful never to call it a regular gasoline --- instead issued this description: " Red Seal Gasoline --- manufactured for those motorists who wish to purchase a medium price gasoline "Advertising in May 1932 shows the premium for White Rose Gasoline drops to 2 cents per gallonBy August 1932 , ads now read "White Rose Gasoline cost no more than regular gasoline"---againcareful never to imply it a 'regular' gasoline.Sample pricesI cannot often quote actual retail gasoline prices, instead will show you a few examples of dealer cost, taken from company to dealer invoices in my collection. Keep in mind to include the dealer markupand the gasoline tax . The prices shown , correct on a given date , but may not accurately reflect theyears average price.1901 "gasoline" --- 6 cents per gallon --- no tax1909 White Rose Gasoline --- 15 1/2 cents per gallon --- no tax1919 White Rose Gasoline --- 39 cents per gallon ---no tax yet !1926 White Rose Gasoline --- 43 cents per gallon retail --- tax included(the location of this station in Jarrow, Alberta , may reflect in this price)1935 ---Government ( Ontario prov.) gasoline tax is 6 cents per gallon.Remains there until the spring of 1939.1939 White Rose Gasoline ---14 cents + 8 cents tax per gallon + dealer markupWhite Rose No-Knock ---16 " " " " " " " "White Rose Ethyl ---18 " " " " " " " "1942 White Rose Gasoline --- 24 cents per gallon + 11 cents taxesRed Seal Gasoline ---15 1/2 cents + 11 cents tax per gallon + dealer markup( Ont. Provincial tax remains @ 8cents but also a new 3 cent federal tax)1943 Red Seal Gasoline ----16 1/2 cents + 11 cents tax per gallon + dealer markupWhite Rose No-Knock ----18 " " " " " " " "White Rose Ethyl ----20 " " " " " " " "1947 White Rose No-Knock --- 17 cents + 11 cents per tax gallon + dealer markupWhite Rose Ethyl --- 19 " " " " " " " "1951 White Rose No-Knock --- August retail price is 27 cents per gallon + 11 cents taxWhite Rose Ethyl --- " " " " 29 " " " " " "1952 White Rose No-Knock ---22-2/10 cents+ 11 cents tax per gallon + dealer markupWhite Rose Ethyl ---24-2/10 " " " " " " " "1953 NEWWhite Rose Gasoline ---23-1/10 cents+11 cents tax per gallon + dealer markup (Dec.)White Rose ULTRA ---25-1/10 " " " " " " " "1957 White Rose ULTRA ---January retail price 44.9 cents per gallon including tax1960 White Rose ULTRA --- March retail price 45 cents per gallon including tax1961 White Rose "Gasoline" ---February retail price 37.6 cents per gallon including taxA local dealer's markup was 5 cents per gallon in 1939. Interesting to me was the fact that the company provided the financing for him to build a station and start in business . This mortgage ,with 5% interest, was repaid monthly at one cent per gallon sold, billed directly on his gasoline invoices at time of delivery.I wonder if one could get that deal today?I also have a copy of another locals contract with Canadian Oil Companies Ltd. for the following equipment necessary to gointo the gasoline business in 1935:1-Clearvision gaspump #10-- -----$65.001-250 gallon tank----------------- $35.00installation-------------------------$25.00$125.00It does not say if this is new or used equipment.More Power White Rose Gasoline Less Carbon


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