Gasoline Price History

[Apex]

Pretty interesting stuff. Gas pricing adjusted for inflation for past 25 years or so:

http://www.randomuseless.info/gasprice/gasprice.png

http://www.randomuseless.info/gasprice/gasprice.html

[gwilks98]

I'd like to see that chart start 10 years earlier, when the US experienced hyper inflation.

[InfiniteNothing]

That is one gnarly spike at the end: 66% over 1 year. I can see why people are pissed. I wonder how similar 87 octane prices are.

[Houdini]

I'm with both above. The tripling of prices in almost as many years worries me. I know it has a lot to do with refining capacity, stupid mandatory formulations for VERY FEW markets, punative taxes, and world events and speculation, but I still suspect a good deal of price gouging. I say we do what we can to kick up refining capacity (some damaged by Katrina), drilling more in the US, and generally encouraging people, if possible, to drive less. I only wish Segways weren't as geeky as they are. The mountain bike type tires on some would easily navigate NOLA's sidewalks, for instance. But I'd look stupid riding one.

H <----annoyed that his car drinks only premium, has to drive a lot, often fast due to emergencies, and paid $45 for gas this week.

[InfiniteNothing]

My problem with segways is that they are really slow. I frequently pass them on bike so at that point, you might as well just bike and save some exercise time.

[MikeD]

That guy says he saved info on every time he filled up over that span. 1,022 to be exact! :eek3:

That is some dedication right there...

[cheapie]

and that's why this guy got a $400 million parachute. :rolleyes:

http://abcnews.go.com/GMA/story?id=1841989

[Jeffbx]

Cripes, THAT'S where all of my money has been going!


Exxon is giving Lee Raymond one of the most generous retirement packages in history, nearly $400 million, including pension, stock options and other perks, such as a $1 million consulting deal, two years of home security, personal security, a car and driver, and use of a corporate jet for professional purposes.

[cheapie]

yup. and why hasn't a quart of oil gone up in price? just gas?

[Airencracken]

Honestly I think the gas price fluctuation has a lot to do with price conditioning. Jack it up, then lower it, but not as low as before, then jack it up again etc.

[cheapie]

i'm pissed...and my company buys my gas. well, i do pay $120/month and i'm taxed on the benefit at the going gvt rate. which i think now assigns a benefit of $.48.

but i realize what this is going to do to consumer goods prices. and i work in the trucking industry and the small fleets/owner operaters are failing like crazy because of it. i honestly think this is going to kill the repubs this fall for just now acting like they care. and bush's speech was all about price-gouging. if that means unfairly screwing the public, then fine. if it means something far less, then his recent speech doesn't mean crap.

[Houdini]

My problem with segways is that they are really slow. I frequently pass them on bike so at that point, you might as well just bike and save some exercise time.

Heh...would that be a detour or a segway? (I know, the spelling's different).

Some of the newer ones that come with 3-4 "speed keys" are pretty damn fast. And some cities aren't that conducive to biking. But I agree that biking is best.


Honestly I think the gas price fluctuation has a lot to do with price conditioning. Jack it up, then lower it, but not as low as before, then jack it up again etc.

:stupid:

Do it long enough and people forget that it was ever cheap.