Thread: $2.00 Gas ?
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Old 01-20-2008, 11:06 AM   #87
georgew
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Join Date: Dec 2007
Location: Houston
Posts: 6
Before the Moderator closes this hopelessly rambling off topic thread, I just have to get a word in about inflation. Fuel has NEVER been cheap.

The attached chart will be a shock to you when you realized that we have always paid between 2 and 3 dollars for a gallon of fuel. When you adjust that $.85 price from years ago with inflation and dollar devaluation, you are right back at $2.50 or more. Our price sensitivity is a matter of perception. The prices in Europe are what really scare me. GW.

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