Posted by:
Brother Of Jerry
(
)
Date: January 22, 2022 05:12PM
Y’all should find this interesting: inflation adjusted price of gasoline over the last century, in 2020 dollars.
The unadjusted price in the 1960s was in the 40 cent range. I paid 25 cents when there were gas wars in town. I also drove a 1956 Buick tank with a spectacularly inefficient automatic transmission that got 7 mpg in town.
There’s a graph about half way down this article that shows the adjusted and unadjusted prices, and a table that lists peak adjusted prices at various times over the last century, like during WW I.
The average adjusted price for the century has been $2.86. The chart ends at year 2019. Prices went even lower in 2020 because of the pandemic. They have now rebounded to about what they were pre-pandemic, in fact still a bit lower than pre-pandemic (2010 or so was the peak)
https://inflationdata.com/articles/inflation-adjusted-prices/inflation-adjusted-gasoline-prices/Edited 3 time(s). Last edit at 01/22/2022 05:19PM by Brother Of Jerry.