In 1974, gas where I lived was 52.9. It went down to 47.9 by early 1975, but then started its long steady rise.

I know it was around 60 cents when my father had the local distributor bring a load to his house and filled up a large tank hidden in an outbuilding. He was using 60 cent gas after the price had gone past 80 cents.

In times of inflation, stocking up is better than putting money in the bank.