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As near as I can recall and as near as I have been able to find on the net (which corroborates my memory) the average price of a gallon of gasoline in 1964 was about .27 cents a gallon. I bought gasoline for my first motorcycle a Honda 90 in 1964 in Tulsa, Oklahoma and it was 16 cents per gallon, and even less during gas wars that stations had alot. Minimum wage then was $1.25 per hour. The Honda got 174mpg I could pay for 15,000 miles of fuel then by working 13 hours at minimum wage when I was 14 years old. In May of 2008 one would need to work for 20 weeks at 40 hrs per week to buy 15,000 miles for a 15 mpg vehicle. In 1964 one needed to only work for 4 weeks to purchase the same amount of fuel for the 15mpg vehicle to travel 15,000 miles. There are only 52 weeks in a year, so one needs to work nearly half a year at minimum wage in May of 2008 to travel the same mileage that four weeks work purchased in 1964.
What else can I help you with?
How much did a gallon of gasoline cost in 1974?
i think it was 55 cents
How much did oil cost in the late 1950s?
When I was a teenager in the mid 50's I remember gasoline was .25 - 30 cents a gallon so probably a barrel of oil was in the $10 range.
How much does gasoline cost?
2-21-2011 $3.09 a gallon in Illinois 3.50 to 3.85 in CA. I expect 4.00 a gallon within weeks.
What did butter cost in 1968 what did gasoline cost in 1968?
gas was .38 cents and butter was only .08 cents a stick.
What costs one dollar in 1980?
A gallon of gasoline cost about $1 in the USA in 1980
How much did a gallon of gasoline cost in 2010?
It cost 3.95
David bought 15 gallons of gasoline his total cost was 13.60 how much was the gasoline per gallon?
david bought 15 gallons of gasoline. his total cost was $13.60. how much was the gasoline per gallon?
How much did gasoline cost in 1951?
$.15
How much did a gallon of gasoline cost?
On 1975 it cost about 27 cents
How much did gasoline cost in 1952?
20 cents
How much did a gallon of gasoline cost in 1997?
$1.23
How much did a gallon of gasoline cost in 1998?
1.03
Is the cost of gasoline intensive or extensive property?
The cost of gasoline is an extensive property because it depends on the amount of gasoline being purchased.
How much did a gallon of gasoline cost in 1996?
The U.S. price of gasoline was about $1.40/gallon in 1996.
How much did the Ford Mustang cost in 1964?
the 1964 ford mustang cost about 2400 dollars
How much a gallon of gasoline cost in 2009 in U.S.?
In 2009, the US national average cost of one gallon of regular gasoline was $2.35
How much did gasoline cost in 1988?
$1.08 per gallon!
