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So when do we reach 1980 gas prices?

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FlashHarry Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 01:56 PM
Original message
So when do we reach 1980 gas prices?
All the apologists (George Will, et al.) keep chanting, "well, adjusted for inflation, gas prices still aren't as high as they were in 1980."

So when do we set the all-time adjusted-for-inflation record?
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sarcasmo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 01:58 PM
Response to Original message
1. No way they can compare it now. $3.49 in Sand Lake Michigan.
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FlashHarry Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 02:00 PM
Response to Reply #1
3. $3.17 here in Omaha (cheap!)
I'm still waiting to hear what the poor folks in San Francisco are paying.
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phusion Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 02:23 PM
Response to Reply #3
9. try www.sanfrangasprices.com
Looks like $2.77 - $3.15
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phantom power Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 02:00 PM
Response to Original message
2. That was $3/gallon. We just blew past that.
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DODI Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 02:00 PM
Response to Original message
4. $3.00 a gallon is the 1980 equivalent -- we are there, plus some.
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sui generis Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 02:01 PM
Response to Original message
5. oh gosh that makes me feel better
I didn't realize we'd been underpaying! Well I for one want to do my part and pay more.

:hide:

oh my god did I really just type that???

:evilgrin:

What could possibly be going through these people's heads with this bedside talk? Hey, we know your mother died a horrible cancer death at 33, but you have to at least consider that the avarage female life expectancy, adjusted for inflation and infant death in 1480 was 17, so your Mom lived twice as long! Now don't you feel better?

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FlashHarry Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 02:03 PM
Response to Reply #5
6. Remember...
...these are some of the same people who said that poor people were "lucky duckies" because they didn't have to pay as much income tax!
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beyurslf Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 02:11 PM
Response to Original message
7. We're there or just past it. They haven't updated the "national
average" price that I have seen since it was 2.60/gallon. But, we blew by that and most of the times my city is one of the cheaper places. 2.89 right now here.
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durablend Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 02:20 PM
Response to Original message
8. Don'tcha worry
"That gallon of gas is still cheeper than that there bottle of nasal spray!"
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 02:27 PM
Response to Original message
10. and in 1980,
rent was?? 1500 a month for a studio??
cars cost 25K???
median price house cost $200K??
tomatoes were $3 a lb?
people paid 700-1000 a month for health insurance PREMIUMS??
setting a broken foot cost $4K???
college cost 25K or more a year??


Those comparisons don't cut it.. I was there.. It was a "blip"..until a year or so ago , you could still find $1 gas from time to time..and I am in CA..

This whole mess is engineeered to create enormous profits for already-rich people, and to further pummel the little guy.
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ohio_liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 02:29 PM
Response to Original message
11. An all new high in eastern Ohio 3.09 per gallon
I can't fucking believe it. We've always been below the national average. Gas prices jumped .41 in one night!
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PsN2Wind Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 02:29 PM
Response to Original message
12. A little Googling
shows that gas first topped $1.00 a gallon in 1980. However all these "adjusted for inflation" types will ignore the minimum wage going to $3.10 an hour the same year. So. if that one buck gas goes
to three, then the minimum wage will need to be raised to $9.30/hr to "adjust for inflation".
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CabalPowered Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 02:30 PM
Response to Original message
13. 15 minute wait at Costco gas. $2.47. Idaho.
Attendant said it's been like that since 7 AM.
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formernaderite Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 02:31 PM
Response to Original message
14. Europeans are paying double what we are....so quit
your yelping people. The high gas prices will pinch for a while, until people start to become more frugal. I'm not at all upset with the rising costs. Then again...I actually do something called budgeting and live well below my means.
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LuCifer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 02:36 PM
Response to Reply #14
16. Can we PLEASE cut the SHIT with that?!
This is the USA, NOT EUROPE! They have MASSIVE public transport over there, plus a LOT of things, like FREEDOM and HEALTH CARE. So that arguement is crap, ok? THANK YOU!
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obreaslan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 02:55 PM
Response to Reply #14
18. As I and others have pointed out before....
In Europe there are extra taxes tacked on to the gas prices that we don't have here that goes to fund things like an extensive mass transit system and far better highway infrastructure. All of the extra we pay here goes right into the pockets of the Oil CEOs. There is no comparison.
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Bouncy Ball Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 02:58 PM
Response to Reply #14
19. Yeah Europeans ALSO have PUBLIC TRANSPORTATION.
Something that is sorely lacking in my part of the US, thank you very fucking much.

None, nothing. No buses, no trains, no subways, nothing.

Oh you can call a cab. A seven block drive will cost you $40. Might as well put gas in your car for that.

Or you can walk or ride a bike for miles in the 105 degree heat, be my guest.

I wouldn't mind $7 or $8 a gallon if I could ride a freaking train or subway or bus to get to my job, the market, etc.
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FlashHarry Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 04:47 PM
Response to Reply #14
21. 'course half of 'em drive diesel-powered cars.
With good reason. I can hear the Yanks now, "But they're loud and smelly!" They were in the 70s, that's for sure. A few improvements have been made since then, though.
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Scurrilous Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 02:34 PM
Response to Original message
15. Paid $3.02 today...
...gag me with a spoon!
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gatorboy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 02:40 PM
Response to Original message
17. I paid $3.11 today
And considering the poor excuse that we should be paying $3.10 is now a reality, they've gotta come up with something new.

I'm sure, though we'll see on the news that adjusted for inflation, we should really be paying $6 a gallon :eyes:
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samplegirl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 03:23 PM
Response to Original message
20. i think shrub should
get on the phone and Jawbone OPEC cartel and
demand them to open the spigots to lower gas
prices. 2/02/00
Least we forget............
on the campaign trail in 2000 Scotty McCellan
quoted rising gas prices as an example of
failed leadership!

I love blowjobs...yeah! yeah!
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Endangered Specie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 04:48 PM
Response to Original message
22. the highest price of a barrel of gas then was $90
adjusted for inflation in todays dollars
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