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If we look at gasoline price history, we will realize that in the 1960s, one gallon cost just 11 cents in some states in the United States. However, the actual price was between 17 to 19 cents per gallon. It was the time when a price war was happening so price of gasoline was very competitive. What people did during the 60s is check the gas mileage of different brands of gas. In the 60s, Shell gas gave a few miles more per gallon when compared to WalMart, Valero, Conoco and others.
If we go still further back to 1949, gasoline was more expensive than in 1960s. One gallon of gasoline used to cost 27 cents. If we fast forward to 1980 and 1981, gasoline was quite expensive during those two years, and it was the cheapest in 1998 and 1999. However, after breaking the $4 barrier in 2008, it can be concluded that the price was gasoline now is more expensive than in the beginning of 1980 because the GDP comes into play. As a share of GDP per capita, gas was even more expensive in 1980 at over $4.50 in 1980.
Although wages have increased substantially since 1949, an unskilled worker today spends two-third as much, as a percent of wage, for a gallon of gasoline than a worker did in 1949.
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Gasoline is an important part of our lives. It allows us to run our vehicles. It lets us take our children to school and get our groceries from home. It powers our lawn movers and when we are on vacation, it runs our boats and RVs. 
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