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LostInAnomie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 03:51 PM
Original message
Is this the highest gas prices have ever been...
... when adjusted for inflation?

I remember a few years ago when the gas prices went above $1.75 and everyone was complaining the Repuke line was "Well if you think our gas is expensive you should go to Europe. They are paying upwards of $3.00 a gallon."

Well guess what, for their $3.00 a gallon they get universal health care. What do we get?
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BrendaStarr Donating Member (491 posts) Send PM | Profile | Ignore Wed Aug-31-05 03:52 PM
Response to Original message
1. Good point. /nt
*
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Clark2008 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 03:52 PM
Response to Original message
2. A chimp for president.
:banghead:
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SteppingRazor Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 03:52 PM
Response to Original message
3. Almost...
The highest ever, when adjusted for inflation, was an $85 barrel of oil and a $3.15 gallon of gas, in 1982 (or 83. Can't recall)
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NoPasaran Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 03:53 PM
Response to Reply #3
6. Just wait 'til tomorrow
We'll break that record soon enough!
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 03:53 PM
Response to Original message
4. $3.29 today
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bluestateguy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 03:53 PM
Response to Original message
5. We're getting there
1979-80 was still a bit higher when adjusted for inflation (these days Republicans love to throw out that Jimmy Carter bashing talking point for old times sake).

If we get to $90 oil then I think we will officially be there.
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 03:54 PM
Original message
Yes It Is ---- And Fuck Inflation
The inflation comparison is only valid if incomes have kept up with the same inflation index, and they certainly have not. In fact real wages have been deflating in this country while real prices have been inflating.
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SteppingRazor Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 04:01 PM
Response to Original message
14. Exactly.
Since wages have stagnated for more than 20 years while prices have increased, we're already paying FAR more for gas (along with nearly everything else) than any previous generation.
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Lex Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 03:54 PM
Response to Original message
7. Cities are more spread out here and consequently we drive more miles
to get from place A to B, than in most European countries.

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ordinaryaveragegirl Donating Member (853 posts) Send PM | Profile | Ignore Wed Aug-31-05 03:56 PM
Response to Original message
8. We get...the shaft.
Enough said!
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LuCifer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 03:58 PM
Response to Original message
9. We am be get all these free-dumbs...
...that the terra-ist am be hate us for!

Like no right to protest BUSHitler, no health care, no jobs that pay worth a damn, no renewable fuel alternatives to gas and oil, no free press, no veterans benefits, no marrage if you're gay, no religious freedom if you are anything that's not a WASP, no decriminalized marijuana, no votes that count thanks to DIEbold and ES&S...and on and on...OH BUT WHAT'S ON AMERIKKKAN IDOL HONEY!!!!!!!

Lu
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 03:59 PM
Response to Original message
10. I thought they said there was no inflation
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cornermouse Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 04:00 PM
Response to Original message
11. Gas prices have almost doubled in 5 years.
How much do you want to bet that Greenspan finds a microphone somewhere in the near future and tells us again that this isn't inflation?
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LostInAnomie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 04:04 PM
Response to Reply #11
15. More than doubled.
I remember paying $1.10 in 200 and thinking it was ridiculous. Today, I saw a gas station in my home town selling reg. unleaded for $3.39.
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cornermouse Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 04:01 PM
Response to Original message
12. Sorry. Accidental double post.
Edited on Wed Aug-31-05 04:01 PM by cornermouse
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leftofthedial Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 04:01 PM
Response to Original message
13. we get to pay for halliburton's profiteering in Iraq for a few generations
we get 20% unemployment and 40% underemployment

we get raped by predatory lenders and legalized usury

we get pollution

we get our personal liberties stripped away
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