gasoline prices

[AGDee]

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.

[Beryana]

Originally Posted by AGDee

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.

Actually in the 90s it went up and then plummeted in 98 or so down to below $1.00/gallon (I recall seeing $.79/gal!). Yes, it has been steadily increasing - but there is still NO reason for it to go up $.20/gal in two days or be as high as it is except for pure, unadulterated greed. And it's greed on the part of some states too, not just oil companies. A few years ago when prices were reaching over $2.00/gal some states dropped their tax on gas to help out - don't see any doing that now (not that Wisconsin did at that time either! Doyle even MADE gas stations raise their prices and set a minimum gas price!).