Gas prices in the 1950s, were cheap, very cheap. That's because during that decade, the United States was energy self-sufficient. There was no need to import oil since the country used as much as produced. On average, gas was about $0.26 per gallon. By comparison, a hamburger back then cost $0.15 (the very first McDonalds Hamburger) and a movie ticket cost 0.60. So a single gallon of gas in the .