Petrol price then and now. - Doc
The cheapest unleaded near me is currently 105.9p per litre (about £ 4.81 per gallon)

Does anyone know what the price, in say 1978, would equate to in 2008?

Edited by Doc on 25/04/2008 at 21:07

Petrol price then and now. - Round The Bend
Do you mean the 1978 price adjusted for inflation to 2008?

IIRC 4 star in 1975 (when I worked the pumps) was about 55p per gallon.

Petrol price then and now. - Doc
Do you mean the 1978 price adjusted for inflation to 2008?

>

Yes!

Petrol price then and now. - Falkirk Bairn
1966 - 4Star was 4/10p per gallon i.e 24p/gallon about 5.3p per litre.

As a comparison a NEW Ford Cortina 1300cc 4 dr De Luxe was approx £650.

A fill up IIRC was 10 gallons so that would have cost you £2.50
Petrol price then and now. - welshlad
hows this for a now and then comparison 2 weeks ago it cost me £47 to fill up from empty yesterday it cost me £48 to fill up from a quarter full
Petrol price then and now. - mikeyb
filled up y partners Sharan today. Was very empty, but I was less than impressed when the pump passed the £70 mark. Had it about 2 years and recall it was mid 50's to fill up then
Petrol price then and now. - welshlad
its a bit un-nerving when your talking back months not years when referring to the good old days isnt it
Petrol price then and now. - zookeeper
img.thisismoney.co.uk/calculators/calcPriceInflate...l


try this for working out your memories

Edited by zookeeper on 26/04/2008 at 02:14

Petrol price then and now. - Optimist
for what it's worth I've got a vague memory that in 1974 a gallon of petrol, a paperback book and 20 Rothmans all cost about the same: 35-40p.

Most paperback books are now about £7, 20 Rothmans must be £5+ (I don't smoke any more) and a gallon of unleaded is £4.80+.

I'm not sure what this means or even if my memory's accurate.
Petrol price then and now. - oilrag
I think I can remember petrol being about 4 gallons for a Pound back in 65.

Edited by oilrag on 26/04/2008 at 11:07

Petrol price then and now. - Galad
The crisis in the Middle East in 1973 resulted in an oil embargo imposed by OPEC. Petrol prices soared from 30pence to 50pence a gallon (an unbelievable $5.11 a barrel!!) and just when I got my driving licence.

Truly shocking, especially considering that lager was just 16pence a pint...........
Petrol price then and now. - dxp55
When I had my first bike around 1960 I seem to remember a figure of 3/7p a gallon and in late 60's early 70's I kept a log of petrol purchased each month and it was always around £16 - That was my Mk2 Zodiac doing 19mpg and I was out in whistle and flute every night.
Petrol price then and now. - Falkirk Bairn
In 1970 I was working in Saudi Arabia

10 gallons of petrol (91 octane) + 200 Rothmans/State Express cost under 20 Riyals -

There were 10.6 to the £ sterling so for under £2.00 you could pollute the atmosphere burning 10 gallons (admittedly 10 x US gallons= 40 litres) and pollute you lungs with 200 ciggies.

Today £2.00 would not buy 10 ciggies in the UK or 2 litres of unleaded.

Does anyone know how much fuel is in Saudi These days?
Petrol price then and now. - zookeeper
Does anyone know how much fuel is in Saudi These days?




Billions of gallons i should imagine :)
Petrol price then and now. - Hamsafar
Does anyone know how much fuel is in Saudi These days?


I don't know, but in Iran it is 6p a litre, and that price has 20p of government subsidy, which means it is 26p actual cost which correlates roughly with our pre-tax price. That is the only good policy I can think of from Ahmadinejad.
Petrol price then and now. - Pugugly
Don't they have very long queues at the filling stations there (and consequent unrest) ? I'd rather pay 1.20 a litre and live here though.
Petrol price then and now. - Hamsafar
The unrest at this time in 2007 was because petrol went up from 4p to 6p, but it was quite short-lived. While there are poor people in Iran, there are also plenty of middle class and very rich ones, especially in the north, so 6p is almost as cheap as 6p here in relative terms for these people, but a lot for those in poorer areas South and away from Tehran.
Petrol price then and now. - zookeeper
its all swings and roundabouts tho, what do they pay for good quality drinking water ?
Petrol price then and now. - PoloGirl
I remember just as I was going away to university in 2001, unleaded crossed the 80p per whatever it is mark. I wondered how I was ever going to keep Polo on the road. If only there'd been a way of stockpiling it back then!

In July 2006 it cost me just over £50 to fill the Golf from empty. Now it costs over £60 and the 12p ish I get from work for business milage doesn't quite always pay for the fuel to do the miles.
Petrol price then and now. - craig-pd130
I don't understand the question, petrol always costs me a tenner :-)
Petrol price then and now. - Round The Bend
PG, you should be able to claim an additional 10p per mile back from the tax man if that is all your firm is allowing you. Sure this has come up before.
Petrol price then and now. - Zippy123
>>PG, you should be able to claim an additional 10p per mile back from the tax man if that is all your firm is allowing you. Sure this has come up before.

Only if its your car and not a company car.

My employer insists on having the benefits of this refund assigned to them - that is they claim it back from the tax man and keep it. The upside is we get to lease the car and avoid much of the company car tax and get a heavily subsidised lease price.
Petrol price then and now. - wemyss

Spot on Oilrag...except it was 4 gallons and four shots of redex.

Petrol price then and now. - FotheringtonThomas
1966 - 4Star was 4/10p per gallon i.e 24p/gallon about 5.3p per litre.


In the mid '70s IIRC petrol was about twice the price of paraffin - about 32p/gallon.

So, can anyone say what the '78 price was, and what that would be adjusted for inflation to 2008?
Petrol price then and now. - Optimist
The AA says that in 1978 the cost of a gallon of petrol was 76.5p.

The calculator recommended above only goes up to 2006, in which year the inflation adjusted price should have been £3.25.

Worth noting that the price of petrol doubled from 1973 to 1978 and that fuel duty, introduced in 1909, was suspended in 1919 when car tax was introduced, but re-introduced in 1928.

I don't think this has made me feel any better.
Petrol price then and now. - oldnotbold
"In the mid '70s IIRC petrol was about twice the price of paraffin - about 32p/gallon."

Heating oil/kerosine is now about 55p/litre, and petrol is £1.10 round here.
Petrol price then and now. - Mr Mechanic

where do you live as the price of petrol down here is around 138.9 per litre.

Petrol price then and now. - Collos25

The post you answered is 4 years old.

Petrol price then and now. - P1800

That was back in 2008 mate

Petrol price then and now. - jamie745

To think we complained about £1.10 in 2008 - quite right too actually, it was overpriced then just as it is now.

Petrol price then and now. - Hamsafar

2007 it dipped to 85p. Even red diesel is 97p now!

Petrol price then and now. - Ethan Edwards

Actually unleaded at 55p a litre is still excellent value....it's the greedy gubbermint that takes a 55p item and makes it £1.32 to you squire. Greedy crooked gubbermints of both left and right. Crooks from Brown, to Bliar and Camoron. Not a fag paper between them on the tax greed stakes. Then these cretins expect us to vote to put them back in power? And like muppets the sheeple do just that. Go figure. LibLabCon..as bent as each other.

Petrol price then and now. - jamie745

I've never actually blamed the oil companies for the price of fuel. I've been telling people for years the price of the fuel is actually around 50p a litre and most people don't believe me.

Think about it; they have to build a rig, drill for oil, extract it, refine it and even in times of massive demand from the developing world, they can still bring us petrol for 55pence a litre. That's pretty remarkable isn't it?

The Government are the problem. Not supply-and-demand. Not peak oil - in the 70s they told us we'd run out of oil by 1990. Not China. Not India. Not terrorism.

Edited by jamie745 on 04/02/2013 at 23:37

Petrol price then and now. - madf

Actually unleaded at 55p a litre is still excellent value....it's the greedy gubbermint that takes a 55p item and makes it £1.32 to you squire. Greedy crooked gubbermints of both left and right. Crooks from Brown, to Bliar and Camoron. Not a fag paper between them on the tax greed stakes. Then these cretins expect us to vote to put them back in power? And like muppets the sheeple do just that. Go figure. LibLabCon..as bent as each other.

You want a welfare state?

You want a free NHS?

You gotta pay for it.

If you don't want to pay, just stop free at teh point of use schools, hospitals, NHS dentists, pensions etc.

It is typical that eveeryone criticises spending and then whinges about austerity.

Petrol price then and now. - jamie745

You want a welfare state?

You want a free NHS?

You gotta pay for it.

We have paid for it. Several times over. The fact successive Governments have wasted most of our money on lots of other rubbish isn't our problem, it's theirs. That 'free' NHS cost us £130billion last year by the way.

Even if we accepted your argument, why is it always the motorist who has to pay? You seem to think the only revenue source is petrol and it has to reach £7 a litre to pay for all this stuff, well that's pathetic. You forget the higher the price goes; the less petrol gets sold.

Forgive me but you seem to have no grasp of basic economics; the more people spend on petrol, the less they can spend on everything else which is hardly beneficial to the economy or tax revenues. If people end up driving less, turning down better jobs to take close-to-home employment then the overall economy only contracts. Raising an extra £4.56 from fuel tax doesn't help you.

Petrol price then and now. - madf

Stop whingeing and being intentionally ignorant.

You have NOT paid for it several times only.

Deficits means the Government has spent more than it gets in taxes...

The major expenses of teh Gov't are the NHS, Pensions and Benfits.

Everything else pales into insignificance.

Want to save the deficit of c £100 billion a year?

A 20 % cut on all three would save approx £80 billion.

Petrol price then and now. - jamie745

Everything else pales into insignificance.

Wonder how much we've spent on Afghanistan and Iraq over the last 13 years?

When you add up the other stuff it sure adds up.

First thing you do is stop giving £11billion to the European Union every year, second thing is scrap the £9billion Foreign Aid bill. That's 20% of your £100b target saved before we've even done anything. Out of the EU we then save plenty of wonga by not having MEP's with their entourage and pensions. Reputable studies reckon EU regulation costs British business £50billion every year, so lets scrap most of those regs and get that money circulating rather than feeding the dead hand.

Next thing you do is cut the size of Government. Scrap 250 MPs, enlarge constituencies to bring the total number down to 400. Scrap many councils and force them to serve larger areas, on my drive to work I travel through 3 different Council juristictions which surely can't be necessary. Keeping melting pensioners alive longer than reasonable costs us a fortune, they should be encouraged to hurry up and die.

Third thing we do is stop throwing billions at stupid windmills which don't work. Of course a quarter-trillion pound social security bill needs reducing (more than 50% of which is pensions) and scrapping Child Benefit (£11b a year) is a decent start.

In my experience the only way to stop civil servants spending money is simply to take it away from them and give them no choice. If you give them the chance to raise taxes 1%, they'll increase spending 5%

Civil servants are like children. You either explain the pitfalls of overspending on your credit card or you just take their money away.