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Joe,
Another way to look at any price today is this way.
Back when our currency was silver based and a quarter was about 1/5th of
an oz AG, gas was anywhere from 18 to 25c / gallon. Well if you were
smart and saved all your dimes, quarters, half dollars and silver
dollars you could go down to your precious metal dealer and sell them 5
quarters (1.25) for about 13 to 14 dollars today. So a quarter could get
you about 3$ good for about 1.5 gallons up here in upstate NY. So if
you look at it that way, gas is cheaper today than it was in the 60's.
Just goes to show you how much our $ has fallen in 50 years.
Now, I was just in northern CA and drove on US 395 CA, and US 95 Nevada
and I saw prices in the 4.50 to almost 5$ range. This was in October.
Well over double what I saw on I 40 when I got into NM and TX.
Bob
On 12/15/2015 01:18 AM, Joe Curry wrote:
>
> I can remember when I was in High School when the local stations
> regularly staged ?Gas Wars? and one time it got as low as 5 cents a
> gallon. That would be equivalent to %0 cents per gallon today.
>
> Joe
>
> ------------------------------------------------------------------------
>
> *From:*Triumphs [mailto:triumphs-bounces@autox.team.net] *On Behalf Of
> *Home Consolidated
> *Sent:* Monday, December 14, 2015 9:59 PM
> *To:* Listserv Triumph
> *Subject:* [TR] Ruminations
>
> I saw $1.60 per gallon gasoline recently which got me to thinking.
> Has gas ever been this low?
>
> An inflation calculator.
> http://inflation-calculator.com/?gclid=CIyppfb83MkCFQuLaQodnV4AOg tells me
> that a buck sixty today is the same as $0.21 in 1962, $0.27 in 1970,
> $0.57 in 1980, $0.90 in 1990, and $1.18 in 2000. I never remember gas
> prices that low. I remember $0.14 for a week or so during a local gas
> war in the early sixties and $0.35 was about right in the early 70's,
> before the first Arab embargo, but otherwise it seems like prices were
> always a lot higher. In 2005 I remember paying north of $4.00 per on
> the west coast or $4.88 today. I was watching an old tv show (1977)
> and the station sign said $0.609 or $2.13 today.
>
> We must be doing something right.
>
> Ken Gano
>
> Sent from my iPad
>
>
>
> ** triumphs@autox.team.net **
>
> Donate: http://www.team.net/donate.html
> Archive: http://www.team.net/archive
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<div class="moz-cite-prefix">Joe,<br>
<br>
Another way to look at any price today is this way.<br>
<br>
Back when our currency was silver based and a quarter was about
1/5th of an oz AG, gas was anywhere from 18 to 25c / gallon. Well
if you were smart and saved all your dimes, quarters, half dollars
and silver dollars you could go down to your precious metal dealer
and sell them 5 quarters (1.25) for about 13 to 14 dollars today.
So a quarter could get you about 3$ good for about 1.5 gallons up
here in upstate NY. So if you look at it that way, gas is cheaper
today than it was in the 60's.<br>
<br>
Just goes to show you how much our $ has fallen in 50 years.<br>
<br>
Now, I was just in northern CA and drove on US 395 CA, and US 95
Nevada and I saw prices in the 4.50 to almost 5$ range. This was
in October. Well over double what I saw on I 40 when I got into NM
and TX.<br>
<br>
Bob<br>
<br>
On 12/15/2015 01:18 AM, Joe Curry wrote:<br>
</div>
<blockquote cite="mid:826796D1AEF648A5B76E4AD84075B59E@Bedroom"
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<div class="Section1">
<p class="MsoNormal"><font size="2" face="Arial" color="navy"><span
style="font-size:
10.0pt;font-family:Arial;color:navy">I can remember when I
was in High School
when the local stations regularly staged ?Gas Wars? and
one time it
got as low as 5 cents a gallon. That would be equivalent
to %0 cents per
gallon today.<o:p></o:p></span></font></p>
<p class="MsoNormal"><font size="2" face="Arial" color="navy"><span
style="font-size:
10.0pt;font-family:Arial;color:navy"><o:p> </o:p></span></font></p>
<p class="MsoNormal"><font size="2" face="Arial" color="navy"><span
style="font-size:
10.0pt;font-family:Arial;color:navy">Joe<o:p></o:p></span></font></p>
<p class="MsoNormal"><font size="2" face="Arial" color="navy"><span
style="font-size:
10.0pt;font-family:Arial;color:navy"><o:p> </o:p></span></font></p>
<div>
<div class="MsoNormal" style="text-align:center"
align="center"><font size="3" face="Times New Roman"><span
style="font-size:12.0pt">
<hr tabindex="-1" size="2" width="100%" align="center">
</span></font></div>
<p class="MsoNormal"><b><font size="2" face="Tahoma"><span
style="font-size:10.0pt;
font-family:Tahoma;font-weight:bold">From:</span></font></b><font
size="2" face="Tahoma"><span
style="font-size:10.0pt;font-family:Tahoma"> Triumphs
[<a class="moz-txt-link-freetext"
href="mailto:triumphs-bounces@autox.team.net";>mailto:triumphs-bounces@autox.team.net</a>]
<b><span
style="font-weight:bold">On
Behalf Of </span></b>Home Consolidated<br>
<b><span style="font-weight:bold">Sent:</span></b>
Monday, December 14, 2015
9:59 PM<br>
<b><span style="font-weight:bold">To:</span></b>
Listserv Triumph<br>
<b><span style="font-weight:bold">Subject:</span></b>
[TR] Ruminations</span></font><o:p></o:p></p>
</div>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span
style="font-size:
12.0pt"><o:p> </o:p></span></font></p>
<div>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span
style="font-size:
12.0pt">I saw $1.60 per gallon gasoline recently which
got me to thinking.
Has gas ever been this low?<o:p></o:p></span></font></p>
</div>
<div>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span
style="font-size:
12.0pt"><o:p> </o:p></span></font></p>
</div>
<div>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span
style="font-size:
12.0pt">An inflation calculator. <a
moz-do-not-send="true"
href="http://inflation-calculator.com/?gclid=CIyppfb83MkCFQuLaQodnV4AOg";><a
class="moz-txt-link-freetext"
href="http://inflation-calculator.com/?gclid=CIyppfb83MkCFQuLaQodnV4AOg";>http://inflation-calculator.com/?gclid=CIyppfb83MkCFQuLaQodnV4AOg</a></a> tells
me
that a buck sixty today is the same as $0.21 in 1962,
$0.27 in 1970, $0.57
in 1980, $0.90 in 1990, and $1.18 in 2000. I never
remember gas prices that
low. I remember $0.14 for a week or so during a local
gas war in the early
sixties and $0.35 was about right in the early 70's,
before the first Arab
embargo, but otherwise it seems like prices were always
a lot higher. In
2005 I remember paying north of $4.00 per on the west
coast or $4.88 today. I
was watching an old tv show (1977) and the station sign
said $0.609 or $2.13
today. <o:p></o:p></span></font></p>
</div>
<div>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span
style="font-size:
12.0pt"><o:p> </o:p></span></font></p>
</div>
<div>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span
style="font-size:
12.0pt">We must be doing something
right. <o:p></o:p></span></font></p>
</div>
<div>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span
style="font-size:
12.0pt"><o:p> </o:p></span></font></p>
</div>
<div>
<p class="MsoNormal" style="margin-bottom:12.0pt"><font
size="3" face="Times New Roman"><span
style="font-size:12.0pt">Ken Gano <o:p></o:p></span></font></p>
<div>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span
style="font-size:
12.0pt">Sent from my iPad<o:p></o:p></span></font></p>
</div>
</div>
</div>
<br>
<fieldset class="mimeAttachmentHeader"></fieldset>
<br>
<pre wrap="">
** <a class="moz-txt-link-abbreviated"
href="mailto:triumphs@autox.team.net";>triumphs@autox.team.net</a> **
Archive: <a class="moz-txt-link-freetext"
href="http://www.team.net/archive";>http://www.team.net/archive</a>
Forums: <a class="moz-txt-link-freetext"
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</pre>
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