The Truth About Gas Prices – History & Today

The Truth About Gas Prices – History & Today Did you know in the 195o’s gas was .25 cents? This website does a great job comparing the gas prices.  It takes inflation into consideration.
http://inflationdata.com/Inflation/Inflation_Rate/Gasoline_Inflation.asp “In 1969 gasoline was only $0.35 a gallon. By 1976 it had risen to $0.60 per gallon. And by 1980 – 81 we were shocked as gas prices rose above $1.00 for the first time. In only 12 years gasoline had risen a full dollar from $0.35 to  $1.35.  That is an increase of 286% in 12 years! Because the overall value of the dollar has fallen, in order to compare the cost of gasoline over longer periods of time it is necessary to adjust the price for inflation.” – Get more information from their site.  
See this video to see rising gas prices. (1724) Page Views
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