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Just got curious about what gas actually cost back in the day and dove down a bit of a rabbit hole. So how much was gas in 1990? Turns out it was hovering around $1.16 per gallon on average. Doesn't sound like much until you realize that's like $2.29 in today's money for a gallon. Wild, right?
But here's what really caught my attention - people always complain about current prices, and yeah, filling up costs a decent chunk of change now. We're looking at around $3.39 for regular, $3.85 for mid-grade, and $4.20 for premium as of early 2024. For a typical 15-gallon tank, that's roughly $51-63 depending on what fuel you grab. Sounds expensive until you factor in inflation.
Turns out the 1980s were actually rougher on wallets than we think. Back in 1980, gas was $1.19 a gallon, which sounds cheap until you convert it - that's about $4.54 in current dollars. So basically, people were paying more back then relative to today's economy. Even the early 2000s saw prices creeping up, hitting $3.30 by 2008 before dropping again.
The whole thing made me realize gas prices aren't really as crazy as they feel sometimes. Sure, they fluctuate based on supply issues, global stuff happening, and which grade you're buying. But comparatively speaking, we're not in the worst spot historically. The real trick now is just being smart about it - using cashback apps, hitting cheaper stations, or lightening your car's load to improve fuel economy. Small moves add up when you're filling up regularly.