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I've been watching some of these guys complain about gas prices.I started driving back in the late 60's, 70. I remember paying as little as .13 a gallon during a little gas war between stations. If I remember right it went up to maybe .35 during that little crisis is the early 70's. Of course it been going up ever since but thankfully I don't pay those eoropean prices. Diesel down to a 1.51 when I filled up today. So how much did you pay when you was just a tat bit yougher?
I remember taking a gal. gas can and 25 cents to the corner gas station and getting it filled up to use in our lawn mower when I was around 10-12 years old. I remember it was an old "Richfield" station, later to become ARCO, and a man always pumped the gas for you. I remember those gas wars also. Four corners, four gas stations, each with their "Gas War!" signs out front.
I was a kid in high school when the gas crunch of the 70's hit. I remember my friend and I would talk about gas prices while we would put 2 dollars worth of gas in the car, a '66' Fairlane with a 289 cid. "Wow! Do you think it will go up to a dollar a gallon?" 89 cents for a gal. of gas was outrageous! And what about gas rationing, long lines and those odd even days for people to fill up?
$0.07.9 in Cedar Springs, Michigan in the summer of 1967.
The three stations sitting on different corners of the same intersection were having a gas war. BTW the other corner was occupied by a small food store.
I was working at Wolverine Shoes in Rockford for $1.05 an hour so I thought I would get a raise by joining the Army where I made $90.00 a month before taxes and the "required" Savings Bond purchase for $6.25 a month,
I used to fillup the tank on my first car(69 Datsun) for less than $3. Gas was about $.25/g. Now my dual tank Ford costs me an easy $70+.
As a comparison, it cost me about 1.5 hours of work as a box boy to fill the tank in 1973. Now it costs me several hours as a "high paid high tech worker". Back then gas cost the same per gallon as a pack of cigarettes, now it costs about half. So what am I whining about, gas is half the cost relatively speaking as it used to be. Oh, I guess I am whining because I make much more than minimum wage now and I still hate to fill up the tank.
I think gas prices are about right now or maybe a little cheaper (adjusting for inflation, of course) than they were 40 years ago. When I was a kid, gas was about 30¢ per gallon. A person making $10K per year was in the lower middle class, owned his own house and one car. Gas is now < $2 per gallon. The same guy making $10K in 1960 is making $70K or so now and are paying less for gas than then.
jor
[QUOTE]Originally posted by jor I think gas prices are about right now or maybe a little cheaper
My sentiments exactly. We all complain about the high price of gas but compared to the effect inflation has had on other products it is comparatively cheap.