Price of Gasoline in 1975

Hunting for something in my desk drawer, I found a very old credit card receipt, for gas--from 1975.

I bought 5.8 gallons of Amoco gas. The price? $3.75. That was the charge total. (That comes to about 65 cents a gallon.) Here and now, that won't even buy 1 gallon!

I remember that, when I was in high school and the local gas stations were having a price war, gas would be less than 20 cents a gallon.

Copyright (c) 2011 by Richard Stein