$2.99 a gallon
Jul 1, 2012 09:25:37 #
Gas was selling for $2.99 a gallon at many stations along I-75 in South Georgia yesterday. Even in South Florida - not usually known for cheap gas - it was selling for $3.15.
Love it!
Love it!
Jul 1, 2012 10:35:23 #
leonardb
Loc: Montgomery,AL
In going from Montgomery toward Wetumpka AL the other day I purchased gas at $2.83 per gallon. now it has been a few days since I saw it that cheap.
Jul 1, 2012 10:48:42 #
Looks like we might be hooking up the travel trailer to the Titan and doing some camping this summer and fall.
Jul 1, 2012 10:48:45 #
Jul 1, 2012 17:05:33 #
We are finally getting back to 2.99 a gallon here in OK. Although in my town it's 20 cents higher right now at 3.19 a gallon. But filled up yesterday while it was cheap. It's nice to see that gas isn't going the other direction for once.
Jul 1, 2012 17:36:32 #
True, but comparatively in respect to cost and personal income, gas is dirt cheap compared to 1968.
Using the inflation calculators on the web...
We were paying 29 cents a gallon for gas in NYC back in 1968 when I got out of the Army and bought my first car. The inflation calculator says that 29 cents has been inflated until today it would take $1.92 to match it in buying power. So, at $3 a gallon in 2012 prices gas is about 66% higher in price than it was in 1968. However, my income has increased by far more than 66% compared to 1968 when I started working for AT&T Long Lines at $6,000 a year.
Comparatively, gas is far cheaper today than it was 44 years ago. Unless you're poor, of course. But at 29 cents a gallon, it was expensive to the poor back then as well.
Using the inflation calculators on the web...
We were paying 29 cents a gallon for gas in NYC back in 1968 when I got out of the Army and bought my first car. The inflation calculator says that 29 cents has been inflated until today it would take $1.92 to match it in buying power. So, at $3 a gallon in 2012 prices gas is about 66% higher in price than it was in 1968. However, my income has increased by far more than 66% compared to 1968 when I started working for AT&T Long Lines at $6,000 a year.
Comparatively, gas is far cheaper today than it was 44 years ago. Unless you're poor, of course. But at 29 cents a gallon, it was expensive to the poor back then as well.
Jul 1, 2012 22:10:29 #
ngc1514 wrote:
True, but comparatively in respect to cost and per... (show quote)
yoohoo! 2.83 here. That almost sound good!
Jul 1, 2012 22:18:15 #
Jul 1, 2012 22:42:04 #
Inland Empire - California, I am happy when I see $3.69 but have seen as low as $3.59.
When I got my first car, gas was around $0.90 give or take. I remember throwing a huge fit when it jumped to $1.50.
I had the same reaction when it eventually rose to $2.50.
These days, I look back with great fondness at $2.50 gas.
When I got my first car, gas was around $0.90 give or take. I remember throwing a huge fit when it jumped to $1.50.
I had the same reaction when it eventually rose to $2.50.
These days, I look back with great fondness at $2.50 gas.
Jul 1, 2012 23:18:31 #
docrob
Loc: Durango, Colorado
ngc1514 wrote:
Gas was selling for $2.99 a gallon at many stations along I-75 in South Georgia yesterday. Even in South Florida - not usually known for cheap gas - it was selling for $3.15.
Love it!
Love it!
don't get distracted by low gas prices - they are so only because (pick)
1) its an obama conspiracy
2) its a tea party conspiracy
3) its a wall street conspiracy
4) its a sign the government is trying to take away your religious freedom.
Jul 1, 2012 23:33:19 #
I don't get distracted by the prices, Doc, just enjoy the low ones when they're around!
And I vote for: all of the above.
And I vote for: all of the above.
Jul 1, 2012 23:48:12 #
I can remember when gas was 25 cents a gal. but back then I had not need for gas. That was along time ago.
Jul 2, 2012 02:30:38 #
$2.48 9/10 here as of yesterday for unleaded. That's the cheapest it's been in quite some time.
Jul 2, 2012 05:23:50 #
Jul 2, 2012 06:04:32 #
And here in Brisbane, Australia it's currently $1.35 per litre or $5.11 per gallon. US prices are cheap by comparison.
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