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Gravitymaster

Are we REALLY paying more for gasoline?

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The nationwide average cost of unleaded regular topped $2 a gallon in May 2004. How does that compare with U.S. gas prices during the past 85 years?
Year Cost at the time Cost in 2004 dollars

1919* $0.25 $2.75

1929* $0.21 $2.34

1939* $0.19 $2.52

1949* $0.27 $2.10

1959* $0.31 $1.96

1969* $0.35 $1.77

1979* $0.84 $2.21

1989** $1.02 $1.48

1999** $1.17 $1.27



Source: U.S. Department of Energy prices (adjusted for inflation)
*1919-1979 prices are for leaded regular.
**Prices from 1989 to the present are for unleaded regular.

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Since -very- few people alive today bought much gasoline in 1919 . . . that number is kind of irrelevant.

To MOST people what is relevant is what they paid for gas a year or two ago and by all the reports I've heard or read, it's a bit higher than at that time period.

Nice try though. Seriously. Good misdirection on your part.
quade -
The World's Most Boring Skydiver

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Since -very- few people alive today bought much gasoline in 1919 . . . that number is kind of irrelevant.



I really don't understand why you think a historical reference isn't relevent. Oh, sorry, lefties like to forget reality.

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To MOST people what is relevant is what they paid for gas a year or two ago and by all the reports I've heard or read, it's a bit higher than at that time period.



Translation: "If I can't bash Bush with it, it isn't relevent".

Nice try though. Seriously. Good misdirection on your part.



Translation: "I can't use this post because I can't figure out how to use it against Bush, so I'll act like it isn't relevent and accuse GM of trying to misdirect something. There's probably some people dumb enough to believe me".

What am I trying to misdirect, Quade? I just posted some factual historical information that gives a good perspective on gasoline prices.

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The 1919 number is not relevant because, and I'm probably not going out on a limb here, NOBODY reading that on this web site bought gas in 1919.

In order for your figures to mean something to people they need to be from a time period in which people have experience.

Otherwise, why not cite how much the Maccabees paid for a lamp full of oil?

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What am I trying to misdirect, Quade?



Hmmm, lemme think about that one for a minute. You always have to watch where the magician doesn't want you to look. Could it be GWB's incredible miscalulation at how much the Iraq war was going to cost the U.S. public and how GWB has cost every man, woman and child in the U.S. over $1000 just to pay for his blunders? Or maybe it's just the price of gas.

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I just posted some factual historical information that gives a good perspective on gasoline prices.



That you did.

You also tried to get us to drink the Kool-aid and have us believe things aren't really worse off than they were four years ago, by comparing today with 1919. I'm sorry, but the two are simply not comparable at all.

Bottom line and in answer to the question in the subject line of this thread. Yes. We are.
quade -
The World's Most Boring Skydiver

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Damn, I'm in agreement with Quade on this one:o me a right wing whacko;)

The media always trot out these feel good "facts" about how cheap gas is if it were adjusted for inflation. gee, I still don't feel good shelling out 40 bucks for a fill up that cost 18 bucks or so a few years ago.

I'm not blaming this on GWB at all tho, I blame the assholes at big oil for it. Bet their making a ton of money for their stockholders and themselves >:(

I do blame GWB (and his handlers) for the bullshit in Iraq however. To me it's not so much the cost in money, it's the 800 young lives that got wasted (not to mention the thousands of Iraq residents that are hanging out with Allah now). I voted for Bush last time but have my doubts about this November unless he comes up with some sort of plan to keep from wasting another 800 Americans.

Then again, a Kerry administration, YIKES!!

Oh well, what are ya gonna do? Walk?!?

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Maybe you'd like to apply that logic to the cost of your next computer or videocamera. Lets see, 1MB of RAM cost $1,000,000 in 1970, so 512MB should cost what in 2004?

What my grandfather paid for gas in 1919 is completely irrelevant to my current budget.

Don't you ever get tired of apologizing for the consequences of having a lying untruthful puppet in the White House?
...

The only sure way to survive a canopy collision is not to have one.

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I'm not blaming this on GWB at all tho, I blame the assholes at big oil for it. Bet their making a ton of money for their stockholders and themselves >:(



I blame Bush. The idiots in his administration have been very public about increasing the supplies in the Strategic Petroleum Reserve. Considering that the spike in prices is due partly to increased demand, but also because of fears of terrorists disrupting supply, the U.S.'s program of publicly increasing the SPR only gives credence to oil trader's fears that supplies are in danger. F***ing idiots (the administration).

BTW, I voted for Bush & hate Kerry, but Bush is becoming less attractive all the time.

Edited because I didn't proofread.


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The 1919 number is not relevant because, and I'm probably not going out on a limb here, NOBODY reading that on this web site bought gas in 1919.

In order for your figures to mean something to people they need to be from a time period in which people have experience.

Oh, I see. 1959, 69, 79, 89, and 1999 don't count. So you believe most skydivers started driving after 1999?


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Otherwise, why not cite how much the Maccabees paid for a lamp full of oil?



Because most people reading this aren't affected by the price of lamp oil?


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Hmmm, lemme think about that one for a minute. You always have to watch where the magician doesn't want you to look. Could it be GWB's incredible miscalulation at how much the Iraq war was going to cost the U.S. public and how GWB has cost every man, woman and child in the U.S. over $1000 just to pay for his blunders? Or maybe it's just the price of gas.



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I knew you'd find a way to bash Bush. Quite a stretch (misdirection) on your part.




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You also tried to get us to drink the Kool-aid and have us believe things aren't really worse off than they were four years ago, by comparing today with 1919. I'm sorry, but the two are simply not comparable at all.



Good thing you aren't my Stockbroker.

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Bottom line and in answer to the question in the subject line of this thread. Yes. We are.



In actually dollars, yes. But not after adjusting for inflation. Maybe I'll compare percentage of median income spent on gas 1979, 89, and 99.

Isn't it interesting how a gallon of milk, bottled water, catsup, mustard etc all cost more than a gallon of gas?

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I'm not blaming this on GWB at all tho, I blame the assholes at big oil for it. Bet their making a ton of money for their stockholders and themselves



You mean like Bush's family and friends?



Did you notice that the cheapest adjusted price was when Clinton was president.

Bring Back Clinton!
...

The only sure way to survive a canopy collision is not to have one.

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Waiting for the punch line.....

What are the stats for the past 4 years??

Why have they left this little fact out?

LTDIVER



The % of income spent on gasoline for March 2004 was approx. 3.9% U.S. city average.



Is that direct expenditures, or does it include the transportation and energy costs rolled into the price of all goods and services?
...

The only sure way to survive a canopy collision is not to have one.

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I'm not blaming this on GWB at all tho, I blame the assholes at big oil for it. Bet their making a ton of money for their stockholders and themselves



You aren't Enron suggesting Enron that energy companies Enron deliberately manipulate Enron the market for their own Enron gain, are you?
...

The only sure way to survive a canopy collision is not to have one.

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Waiting for the punch line.....

What are the stats for the past 4 years??

Why have they left this little fact out?

LTDIVER



The % of income spent on gasoline for March 2004 was approx. 3.9% U.S. city average.



Is that direct expenditures, or does it include the transportation and energy costs rolled into the price of all goods and services?



I think my statement is pretty clear without furthur explaination. Perhaps you should read it again?

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Waiting for the punch line.....

What are the stats for the past 4 years??

Why have they left this little fact out?

LTDIVER



Prior to 1973 total expenditures on energy were around 8% of GDP with expenditures for petroleum a little less than 5%. During the 70s and early 80s they rose to about 14% total expenditures with about 8% going to petroleum. Total expenditures to date are 7% with about 3.5% going to petroleum currently.

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Percentage of GDP and percentage of -my- income are two -totally- different things.

I think most of us are concerned with how it impacts our wallets.



Actually Quade, I think you are more concerned with how much Bush bashing you can get out of it. If fuel prices are affecting other areas of your life to the point that your wallet is being affected, I'd suggest you take a look at your budget and then consider where you can either make cuts (which is what Liberals usually do) or increase your income (which is what Conservatives usually do). :ph34r:

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Seriously, I don't hold GWB reasponsible for the price of gas -- especially here in good old SoCal where we have a bunch of extra gas taxes.

That said, a LOT of folks -do- hold him responsible in that it is the one, tangible thing that the average person in the U.S. has had to put up with in recent months.

For the most part, the U.S. public doesn't give a rat's ass about anything unless and until it effects their own wallet. Then, they have a tendancy to blame the wrong people.

What I find facinating is why people feel they have to defend GWB on this issue to begin with. I suspect it has a LOT to do with the fact that there are so many other things that GWB has done that are completely indefensible. (which is where the entire misdirection comment stems from)
quade -
The World's Most Boring Skydiver

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Seriously, I don't hold GWB reasponsible for the price of gas -- especially here in good old SoCal where we have a bunch of extra gas taxes.

That said, a LOT of folks -do- hold him responsible in that it is the one, tangible thing that the average person in the U.S. has had to put up with in recent months.

For the most part, the U.S. public doesn't give a rat's ass about anything unless and until it effects their own wallet. Then, they have a tendancy to blame the wrong people.

What I find facinating is why people feel they have to defend GWB on this issue to begin with. I suspect it has a LOT to do with the fact that there are so many other things that GWB has done that are completely indefensible. (which is where the entire misdirection comment stems from)



I wasn't defending Bush on anything. You brought politics into the conversation.

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Hmmm, lemme think about that one for a minute. You always have to watch where the magician doesn't want you to look. Could it be GWB's incredible miscalulation at how much the Iraq war was going to cost the U.S. public and how GWB has cost every man, woman and child in the U.S. over $1000 just to pay for his blunders? Or maybe it's just the price of gas.



Funny how people bash Bush and then deny it by trying to accuse others of misdirection. [:/]

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>I'm not blaming this on GWB at all tho, I blame the assholes at big oil for it.

If you're charging people $1000 for pet rocks, there are two people to blame for the prices - the people selling the rocks for $1000 and the people willing to pay $1000 for a rock.

Prices will continue to be set by the oil companies until we are willing to take our business elsewhere. On that day, suddenly consumers will be in charge of who makes how much money. Oil companies will become like software companies; the ones that charge too much for cruddy fuel will rapidly go out of buisness.

Until that happens, though, we will pay whatever they ask.

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