Author Fuel Prices then and now  (Read 686 times)

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  • Offline Brit182   gb

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    Offline Brit182

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    Fuel Prices then and now
    on: 10 June, 2022, 11:25:58 am
    10 June, 2022, 11:25:58 am
    Those of you old enough to have been riding or driving 43 years ago (like me) might remember the World coming to an end in June 1979 when Petrol passed £1:00 a gallon for the first time.

    Now we have had litres on the pumps for long time, so itís had to think of things any other way but I thought I might point out Petrol has now gone past £8:00 a gallon for the first time.

    Kind of makes you think on what the fuss was about doesnít it?

  • Offline Rev Ken   england

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    Offline Rev Ken

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    Re: Fuel Prices then and now
    Reply #1 on: 11 June, 2022, 08:53:59 pm
    11 June, 2022, 08:53:59 pm
    *Originally Posted by Brit182 [+]
    Those of you old enough to have been riding or driving 43 years ago (like me) might remember the World coming to an end in June 1979 when Petrol passed £1:00 a gallon for the first time.

    Now we have had litres on the pumps for long time, so itís had to think of things any other way but I thought I might point out Petrol has now gone past £8:00 a gallon for the first time.

    Kind of makes you think on what the fuss was about doesnít it?
    When I started riding in 1954 it cost 4 shillings and sixpence (22.5p) a gallon. I'm too tired to work out what that is per litre! (not a lot....)

    But in to-day's equivalent money I think you would have to allow for inflation - Oh dear I'll have to look it up again and put it on another post.


  • Offline Rev Ken   england

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    Offline Rev Ken

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    Re: Fuel Prices then and now
    Reply #2 on: 11 June, 2022, 08:58:55 pm
    11 June, 2022, 08:58:55 pm
    *Originally Posted by Rev Ken [+]
    When I started riding in 1954 it cost 4 shillings and sixpence (22.5p) a gallon. I'm too tired to work out what that is per litre! (not a lot....)

    But in to-day's equivalent money I think you would have to allow for inflation - Oh dear I'll have to look it up again and put it on another post.
    A £1 in 1954 is equivalent to £28 to-day. I'll be interested if that can be translated into how much the equivalent cost of a litre is!

  • Offline Brit182   gb

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    Offline Brit182

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    Re: Fuel Prices then and now
    Reply #3 on: 12 June, 2022, 10:02:03 am
    12 June, 2022, 10:02:03 am
    Hi Ken, good to hear from you.

    When started in 1967 it was 6 shillings and two pence. Which Google tells me is £4:10 in todays money, which seems a lot to me.

    Donít know about you but I really canít remember if six shillings felt a lot but I do remember I started working for £610 per annum and that probably didnít.

    Maybe ten years and decimal currency made the £1 gallon worse?

     


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