History of Average Gasoline Prices 1930-2015 By jamst12 Dec 31, 1930 $0.20 per gallon Period: Dec 31, 1930 to Dec 31, 2015 Average Gasoline Prices Dec 31, 1940 $0.18 Dec 31, 1950 $0.27 Dec 31, 1960 $0.31 Dec 31, 1970 $0.35 Oct 1, 1973 OPEC Oil Embargo This event significantly increased the price of gasoline. Sep 1, 1980 Iraq-Iran War Begins Dec 31, 1980 $0.86 Dec 31, 1990 $1.00 Dec 31, 2000 $1.51 Apr 20, 2010 BP Oil Spill The price of gas rose dramatically from $2.79 to $3.53 in one year! Dec 31, 2010 $2.79 Dec 31, 2015 $2.19
