Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
UPS and Oil
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="satellitedriver" data-source="post: 334754" data-attributes="member: 1664"><p>A quick cut and paste.</p><p>A little dated on present gas prices, but the info is correct.</p><p>In 1930 my father earned $1.00 a day.</p><p>You do the math.</p><p></p><p>"How about the 1950s? After all, we never heard Ward Cleaver complaining to June about the price of gas. Once again, with the exception of 1952 ($1.98), the inflation-adjusted price was more than $2 per gallon for the entire decade, with an average price of $2.07 a gallon and a peak price in 1956 and 1957 of $2.15 a gallon. </p><p></p><p>Going back to the Depression years of the 1930s, gas prices, in real terms, were generally higher than they are today. The average inflation-adjusted price of gasoline in the 1930s was a whopping $2.62 per gallon. Prices reached peaks of $2.76 per gallon in 1934 and again in 1937. These were the prices that those who were written about in the Grapes of Wrath paid as they made their way from the dust bowl of Oklahoma to California. </p><p></p><p>If we go back even further to the early days of the automobile we find that the real price of gasoline was higher still. In 1918, for example, the per-gallon price was $3.22 and in 1922 the price was $2.90. </p><p></p><p>The fact is that Americans did not begin to pay less than $2 a gallon on a regular basis until 1963. Since then, there have been several price spikes, which have sent prices souring to well above the $2 mark. The post-World War II record was set in 1981 when the inflation-adjusted price was $2.80 a gallon.</p><p></p><p>This doesn't mean that today's gas prices aren't high. They are. Clearly these higher prices are causing people to reconsider travel plans and to find ways to reprioritize their household budgets. But the prices we are paying today are not unprecedented. There have been times in our history when they have been significantly higher and for much longer periods than we have experienced thus far."</p></blockquote><p></p>
[QUOTE="satellitedriver, post: 334754, member: 1664"] A quick cut and paste. A little dated on present gas prices, but the info is correct. In 1930 my father earned $1.00 a day. You do the math. "How about the 1950s? After all, we never heard Ward Cleaver complaining to June about the price of gas. Once again, with the exception of 1952 ($1.98), the inflation-adjusted price was more than $2 per gallon for the entire decade, with an average price of $2.07 a gallon and a peak price in 1956 and 1957 of $2.15 a gallon. Going back to the Depression years of the 1930s, gas prices, in real terms, were generally higher than they are today. The average inflation-adjusted price of gasoline in the 1930s was a whopping $2.62 per gallon. Prices reached peaks of $2.76 per gallon in 1934 and again in 1937. These were the prices that those who were written about in the Grapes of Wrath paid as they made their way from the dust bowl of Oklahoma to California. If we go back even further to the early days of the automobile we find that the real price of gasoline was higher still. In 1918, for example, the per-gallon price was $3.22 and in 1922 the price was $2.90. The fact is that Americans did not begin to pay less than $2 a gallon on a regular basis until 1963. Since then, there have been several price spikes, which have sent prices souring to well above the $2 mark. The post-World War II record was set in 1981 when the inflation-adjusted price was $2.80 a gallon. This doesn't mean that today's gas prices aren't high. They are. Clearly these higher prices are causing people to reconsider travel plans and to find ways to reprioritize their household budgets. But the prices we are paying today are not unprecedented. There have been times in our history when they have been significantly higher and for much longer periods than we have experienced thus far." [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
UPS and Oil
Top