what was the price of a gallon of gas in 1976
The average price of a gallon of gas in 1976 was about 59 cents in the U.S.. Another federal historical series shows monthly 1976 prices mostly in the 60-cent range as well.
Quick note
Different sources use slightly different datasets and averaging methods, so you may see small variations like $0.57 or $0.61 for the same year. For a simple single-number answer, about $0.59 per gallon is a solid estimate.
Context
That amount was for regular gasoline before decades of inflation and changing fuel markets. In today’s dollars, one source estimates it at around $3.26.
At a glance
| Measure | 1976 gas price |
|---|---|
| Average annual price | $0.59 per gallon |
| Alternate historical series | $0.567 per gallon |
| Monthly federal data range | About $0.59 to $0.63 in 1976 |
