[TR] Ruminations

[Joe Curry]

I can remember when I was in High School when the local stations regularly
staged "Gas Wars" and one time it got as low as 5 cents a gallon.  That
would be equivalent to %0 cents per gallon today.

 

Joe

 

  _____  

From: Triumphs [mailto:triumphs-bounces at autox.team.net] On Behalf Of Home
Consolidated
Sent: Monday, December 14, 2015 9:59 PM
To: Listserv Triumph
Subject: [TR] Ruminations

 

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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