Thread: gasoline prices
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Old 04-25-2008, 06:34 AM
AGDee AGDee is offline
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Join Date: Aug 2003
Location: Michigan
Posts: 15,823
When you really look at this issue carefully, what's shocking us is that it's going up so quickly. However, gas prices were increasing at less than the rate of inflation for a very long time and it's correcting itself now. When I'm reading posts about 1999 and gas prices were around $1, I think "Hmm, when I was in college, it was around $1/gallon too". So, from the early 80's til the late 90's (20 year span), it barely went up at all. Now it's skyrocketing fast. If it had gone up 10 cents a year from 1980, it would be right around $3.80.. hmmm. 10 cents a year, every year, wouldn't have seemed like a big deal, but to have it go up almost $1.00 over the past year, it hurts more.

I know it hurts, trust me. Food prices, gas prices.. it's all putting a major dent in our budgets.
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