Kevin Whitehead
Well-Known Member
- Joined
- Oct 9, 2003
- Messages
- 330
***********WARNING*************
Please cover the top of your cranium with tin foil.
The whacky conspiracy theories are being winged in all directions.
Gas cost $0.30 / gallon at one time (early-70's?). At that time an average car cost $2000.
Now an average car cost what? $20,000?
At that rate, gas should cost $3.00 / gallon. It doesn't.
Bread also costs something like 8-10 times what it did in the early-70's.
Looks like gas may be nearly at the lowest cost / gallon it has ever been (when the value of the dollar is taken into account). And, that is including the 25-30% of the cost which constitutes both state and federal gas taxes (which are likely considerably higher than the 70's).
Please cover the top of your cranium with tin foil.
The whacky conspiracy theories are being winged in all directions.
Gas cost $0.30 / gallon at one time (early-70's?). At that time an average car cost $2000.
Now an average car cost what? $20,000?
At that rate, gas should cost $3.00 / gallon. It doesn't.
Bread also costs something like 8-10 times what it did in the early-70's.
Looks like gas may be nearly at the lowest cost / gallon it has ever been (when the value of the dollar is taken into account). And, that is including the 25-30% of the cost which constitutes both state and federal gas taxes (which are likely considerably higher than the 70's).