Do we know WHEN they went out of business? Because 2007, it wasn’t uncommon to see gas at even $5.10 per gallon.
Also, on the day after 9/11, in New York, some gas stations went from the (at the time) common gas prices of $1.15 and made it as high as $5.00 per gallon. Then, the next day, president Bush had made that practice illegal.
So, if they happened to go out of business on 9/12/01, or anytime around 2007, this price would have been seen as low.