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Saturday, January 29, 2022

Harrison Howe Predicts Gasoline Will Go Up to 50 Cents a Gallon in 1925

Predicts a Higher Price for Gasoline

New York, Jan. 28—Gasoline will sell for 50 cents a gallon in 1925, says Editor Harrison E. Howe of The Journal of Industrial and Engineering Chemistry, following a survey. Howe suggested use of alcohol to conserve the gasoline supply, but admits the United States has less than 50 per cent of the capacity for producing alcohol it had in 1918, due to prohibition.

From The Charlotte News, January 29, 1922. If the cost of gasoline had kept up with inflation, a gallon of gasoline would cost $7.97 a gallon.

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