Gas Prices and Modern History

Gas price (USD) per gallon in January of each year, adjusted for inflation. The events were not scientifically selected. This time line was created for demonstration purposes only. It does not represent any sort of balanced historical commentary.

History

Camp David Accord signed

September 17, 1978

Iran Hostage Crisis

November 4, 1979 - January 20, 1981

Persian Gulf War

2 August 1990 - 28 February 1991

Oslo Accords (Israel-PLO)

13 September 1993

9-11 Attacks

9/11/2001

Financial Crisis

September 2008 - Present

GM files for bankruptcy

June 1, 2009

US Political Parties

Republican President

January 20, 1974 - January 19, 1977

Democrat Congress

1/21/75 - 1/20/81

Democrat President

January 20, 1977 - January 20, 1981

Republican President

January 21, 1981 - January 20, 1993

Split Congress

1/21/81 - 1/20/87

Democrat Congress

1/21/87 - 1/20/95

Democrat President

January 21, 1993 - January 20, 2001

Republican Congress

1/21/95 - 1/20/01

Split Congress

1/21/2001 - 1/20/2003

Republican President

January 21, 2001 - January 20, 2009

Republican Congress

1/21/03 - 1/20/2007

Split Congress

1/21/07 - 1/20/09

Democrat Congress

1/21/09 - 1/20/11

Democrat President

January 21, 2009 - January 20, 2013