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Author Topic: Last time gas was under $1.00 Back to Topics
jacka123

Champion Author
Maryland

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Message Posted: Jan 12, 2013 8:39:00 AM

I just saw a chart that showed gas was 89.1 in March of 1999. I would suppose it would depend on where you lived, since it really varies between states. I can remember when I moved to Maryland, which was in 1999, that a new convenience store opened accross the state line in Delaware, the 2 convenience stores were competing with each other, and it got down to 89 cents. And that probably would have been right around March of 1999. So I think that was pretty accurate. Hard to believe it was only 13 years ago. As far as I remember, it was only below $1.00 for a couple months.
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BartandLisa
Champion Author Newfoundland

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Message Posted: Jan 19, 2013 10:09:05 PM

Depends on the location, since it probably is today in Venezuela or Saudi Arabia. However, I recall paying over the $1 mark in Florida in summer of 1999 but also 99.9 cents in parts of Georgia.
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beachd8
Champion Author Orange County

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Message Posted: Jan 17, 2013 8:25:47 PM

About 1990 in the Monterey and San Jose areas. It was under a dollar on base (no state tax) and just over a dollar off base.

Gas price historical data is reported by the US Enery Information Administration on this website:
/dnav/pet/pet_pri_gnd_dcus_nus_w.htm
It's particularly handy for folks who don't keep receipts and need to recreate their fuel expenses at tax time.
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LauraLea5
All-Star Author Ontario

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Message Posted: Jan 17, 2013 2:10:08 AM

Love Delta 258s answer...
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PithyOpiner
Champion Author Stockton

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Message Posted: Jan 16, 2013 3:39:57 PM

Delta258, I believe that shortly after Jesus was born (by the way, his name was Yeshua, not Jesus) cars ran on electricity, not gasoline. The reason for that is that there were no gasoline stations to despense gas.
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Delta258
Sophomore Author Fresno

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Message Posted: Jan 15, 2013 7:00:34 AM

shortly after jesus was born
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Boyrr
Champion Author Allentown

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Message Posted: Jan 15, 2013 6:41:31 AM

to find that you need Mr. Peabody's WayBack Machine
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tdioiler
All-Star Author Detroit

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Message Posted: Jan 14, 2013 9:57:13 PM

1987
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lissyking
Veteran Author Miami

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Message Posted: Jan 14, 2013 9:06:22 PM

wow, long time ago
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Saab93turbo
Champion Author Washington

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Message Posted: Jan 14, 2013 8:17:19 PM

I remember it was sometime in the 1999-2001 range.
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borsht
Champion Author Oakland

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Message Posted: Jan 14, 2013 7:22:34 PM

gasoline seems to out run the 10 x 1st class postage stamps/ gallon.
In 1958 the average price of gasoline was ~0.26/ gallon and postage stamps ended the 3cent price and went to 4 cents.
The cost of hamburger meat has taken off like a rocket. Now $4/pound.
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luvmyburgi
Champion Author Ohio

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Message Posted: Jan 14, 2013 6:27:48 PM

along time ago.
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traffic cop
Champion Author Boston

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Message Posted: Jan 14, 2013 5:39:28 PM

Try that failed link as a cut-and-paste:

http://www1.eere.energy.gov/vehiclesandfuels/facts/2005/fcvt_fotw364.html
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traffic cop
Champion Author Boston

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Message Posted: Jan 14, 2013 5:37:50 PM

According to U.S. Dept. Of Energy, that would be 1979 ($.86). Note that in constant 2005 dollars (already degraded significantly), that would be equivalent to $2.28 in spending value.

Interesting they give us a mid-Bush comparison point, and not the current Obama one.

Also, this price history (and it's adjustment for inflation) is from the D.O.E. If you trust the Government in general --and this Administration in particular-- then "hooray for you!"

May I point out that the current Sec'y. of Energy, Stephen Chu, has said that he wants US gas prices "more in line" with European ones. This will be done by manipulation and suppression of domestic petroleum and manipulation of the data. Remember: we have to "invest" in "sustainable energy!"

*a favorite expression of my new Senator, Elizabeth Warren.
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xbAG
Champion Author California

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Message Posted: Jan 14, 2013 4:00:43 PM

In high school, Santa Barbara, mid 1960's.
We got gas one quarter at a time while we cruised State st.
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PithyOpiner
Champion Author Stockton

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Message Posted: Jan 14, 2013 3:00:15 PM

I remember paying around 60 cents in the late 60's after I got out of the Army. After that it is all a blur on how it got to where it is now.
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alphanyr
Champion Author Connecticut

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Message Posted: Jan 14, 2013 9:55:29 AM

in the 70's?
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gougenator
Champion Author Dallas

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Message Posted: Jan 14, 2013 9:48:56 AM

Jan 2002 ,,Tulsa had like 78 cents ,Dallas 95-99 cents

and this was a short 10 yrs ago!!! my what has happen during this past 10 years pretty much changed the scope of prices
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MertieMan
Champion Author Lexington

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Message Posted: Jan 14, 2013 5:12:32 AM

We had it below $1.00 in the late 90s briefly. That is where it needs to be now.
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emtrob2012
All-Star Author Myrtle Beach

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Message Posted: Jan 14, 2013 12:33:56 AM

prob around 1989
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sjhman
Veteran Author Atlanta

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Message Posted: Jan 14, 2013 12:02:24 AM

Wow
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EvPv
Champion Author Maine

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Message Posted: Jan 12, 2013 4:05:15 PM

I agree on the CPM being important Houckster.
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AFOS
Champion Author Chicago

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Message Posted: Jan 12, 2013 2:10:07 PM

I remember paying .799 once in early February 1999 so the <$1 prices might have lasted until March around here. Got as low as $1.129 near me in January of 2002 but there were sub $1 prices in Illinois
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Houckster
Champion Author Atlanta

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Message Posted: Jan 12, 2013 12:15:00 PM

Those who complain about the high price of gas should also consider what that gas buys. At the prices we're paying now, the US/Canada domestic energy production system can compete with imported oil. It can't when we're paying $2 a gallon. Domestic energy production keeps our dollars at home (reducing our trade deficit) and creates jobs here. The more domestic production we have the less we're vulnerable to supply disruptions like the Arab oil embargo and terrorist activity in the Middle East and Africa.

So buy a vehicle with the best fuel efficiency that meets your needs and learn to drive efficiently. It's the cost per mile that really counts and if you compare the type of vehicle available in 1999 with one today with increased fuel efficiency, you might find the CPM is not that much worse.
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PDN57
Champion Author San Bernardino

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Message Posted: Jan 12, 2013 10:50:06 AM

Does it really matter as it will never happen again those days are loooooooong goneeeee
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EdPG
Champion Author Boston

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Message Posted: Jan 12, 2013 10:24:49 AM

In 1958 gas was 16.9 cents/gal.
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ZZZoop
Champion Author Virginia

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Message Posted: Jan 12, 2013 9:56:03 AM

According to EIA data, the last time the US average price for regular gas was under $1/gal was the week of 3/15/1999. Gas prices stayed in the vicinity of $1/gal for most of the 1990s.
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bluenvoy
Champion Author Nashville

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Message Posted: Jan 12, 2013 9:44:17 AM

A long long time ago.
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MIT05
Champion Author Massachusetts

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Message Posted: Jan 12, 2013 9:38:12 AM

Same here.
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jacka123
Champion Author Maryland

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Message Posted: Jan 12, 2013 9:04:09 AM

I would say at the time I'm talking about, the average gas price was probably more like $1.40, and possibly over $2.00 in California and certain other states. Some of you people have a lousy memory. I just copied this from another web site: "In 1999, the US national average price of a gallon of regular gasoline was $1.17 ", you probably won't believe that one either, do some searches and you'll find out it is true.
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jason54915
Champion Author Appleton

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Message Posted: Jan 12, 2013 8:50:22 AM

LMAO! Is this a joke?
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OilerFan
Champion Author Tulsa

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Message Posted: Jan 12, 2013 8:42:48 AM

I can't remember the last time that I paid under $1 for a gallon of gasoline, but looking it up only feels unreal to me.
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