[TR] Ruminations

Home Consolidated triumphs at consolidated.net
Mon Dec 14 21:59:21 MST 2015


I saw $1.60 per gallon gasoline recently which got me to thinking.  Has gas ever been this low?

An inflation calculator. http://inflation-calculator.com/?gclid=CIyppfb83MkCFQuLaQodnV4AOg tells me that a buck sixty today is the same as $0.21 in 1962, $0.27 in 1970, $0.57 in 1980, $0.90 in 1990, and $1.18 in 2000. I never remember gas prices that low. I remember $0.14 for a week or so during a local gas war in the early sixties and $0.35 was about right in the early 70's, before the first Arab embargo, but otherwise it seems like prices were always a lot higher.  In 2005 I remember paying north of $4.00 per on the west coast or $4.88 today. I was watching an old tv show (1977) and the station sign said $0.609 or $2.13 today. 

We must be doing something right. 

Ken Gano 

Sent from my iPad
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