Gasoline Prices From Year 1976-2004 Year Nominal Price (actual price) Real Price (Price Equivelence to Today) $/liter $/liter 1976 0.61 1.53 1977 0.66 1.53 1978 0.67 1.46 1979 0.9 1.82 1980 1.25 2.3 1981 1.38 2.33 1982 1.3 2.07 1983 1.24 1.9 1984 1.21 1.79 1985 1.2 1.72 1986 0.93 1.3 1987 0.95 1.3 1988 0.95 1.25 1989 1.02 1.3 1990 1.16 1.43 1991 1.14 1.35 1992 1.13 1.31 1993 1.11 1.25 1994 1.11 1.23 1995 1.15 1.25 1996 1.23 1.31 1997 1.23 1.29 1998 1.06 1.1 1999 1.17 1.19 2000 1.51 1.51 2001 1.46 1.43 2002 1.36 1.31 2003 1.59 1.5 2004 1.88 1.74