Why Isn't Gasoline $1.75 Per Gallon? By: TalkMarkets April 06, 2015 at 10:20 AM EDT The price of gasoline topped out at $3.70 per gallon in June of 2014. The price of oil currently stands at $50 per barrel, 53% below its June price. Read More >> Related Stocks: US Gasoline United States Oil Fund iPath Dow Jones-Goldman Sachs Crude Oil Fund