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A hundred years of gas prices corrected for inflation

That_Tall_Dude

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Pretty interesting

cheapest gas was in the 90s, explains the SUV boom
 
We had gas that cheap last year in the Carolinas. Now, it's $2.09 at the cheapest stations.
 
I bought gas for a quarter a gallon in the early 70s. Of course there were still a lot of silver quarters in circulation back then and now a silver quarter costs around 3 bucks....about the same as a gallon of gas....
 
Very interesting.
I have always question the inflation rate, I think the numbers the government use might be low.
But it’s interesting. I remember my dad paying 23 or 24 cents per gallon in the early 70’s, filling the old Dodge pickup while going camping.
I have also lived my entire life in the Bay Area and now Reno where prices always higher then average.
 
Inalways befuudles me when people talk about how much gas costs while sipping on a $1+ bottle of water.
 
Dunno about anywhere else, but gas has been steadily increasing since the November election
around these parts...
 
Does this exercise factor "gas taxes" or just the wholesale price???
 
Good question - you know what they say about figures and liars.
 
Gas taxes are added in at the pump. My state sets a percentage on gas so when the price goes up, the tax also goes up. The state next door has a set tax fee, so , as the cost per gallon rises, the amount of tax does not......and their gas is ALWAYS cheaper than ours.....
 
anything energy sector-related 'is going up'
we will no longer be energy independent, huge deal there
kept prices down & were feeding our enemies
& the usage/supply or demand has dropped like a rock

most all of it depends on petroleum, on one aspect or other

even the EV BS
 
Paid $3.12/gal other day for 91 oct for my RT here in JERSEY, no self service allowed in entire state. Considering income in 1981 when peak was $1.80, ($5 + in today's money) gas is still cheap now based on gal/income. 1981 had a 72 Pinto, so my Challenger has TONS more ponies and better gpm then that POS. ROAD TRIP!!
 
anything energy sector-related 'is going up'
we will no longer be energy independent, huge deal there
kept prices down & were feeding our enemies
& the usage/supply or demand has dropped like a rock

most all of it depends on petroleum, on one aspect or other

even the EV BS

Not sure what is meant by “we will no longer be energy independent”

we aren’t and haven’t been; it’s a global market right?

yeah heard demand fell of a cliff, there is a ton of driller bankruptcies in the works

what really might suck, when demand comes back, and all that stored crude is used up price are probably going to skyrocket

alway goes up faster than down, and it came down a lot and fast...

Hard to say with any certainty though

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Location, location, location.
On my last trip back to socal, i filled up about 25 miles from the cali border, diesel for $1.79. Up to $1.90 now, from $1.69 before the election. Two miles into california, in needles, diesel was $4.69. At least that price hadn't gone up since bidengate.
Here at home, 91 10% catpee premium is $3.75, and diesel is about $3.60.
Still runnin on az diesel i brought back.
 
Buddies worked at refinery during OPEC embargo in 70s, their tanks were full, ships lined up & down the river and down in the bay while odd/even rationing going on. Are we heading this way AGAIN? Remember the past so the same STUPID mistakes dont happen again as my grandfathers & dad always say.
 
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