Quote:
|
Originally Posted by Manx
We have a stated quest by Bush to put humans on Mars. That's about as long term as it gets. Why do you think there is no desire to seek the most beneficial long term solution to the multiple and massive problems associated with oil?
|
I think it is because gasoline prices are not that far out of line yet considering how much everything else costs. I'm on a fixed income and my truck only gets about 12 mpg but the price of gas doesn't effect me nearly as much as healthcare costs.
Quote:
Inflation Data
What is the real Price of Gas?
Remember back in 1980 when the price of Gas first topped $1.00 per Gallon? Since then we have gotten used to Gas being over the magic number, that's why it doesn't hurt as much right? Wrong!
In real (inflation adjusted dollars) gas is actually still cheaper than it was back in 1980!
Even though a gallon of unleaded in the US has shot up 21 cents per gallon recently...
And Gasoline is fast approaching the peak prices seen during both Gulf Wars...
Though many in the press are claiming that gas prices are at an all time high...
When adjusted for inflation, it is clear that gasoline prices are far below the 1981 inflation-adjusted peak of $2.94.
|