Stuart G
Stuart G's JournalTrump's actions prove to most people in U.S.A. that .."Donald Trump is stupid"!!
Donald Trump was stupid...
Donald Trump will always be stupid.
Strange Side Effect of Low Gasoline Prices..
Illinois price about $2.03 and it varies...Here is why it is strange...
In the 60s I remember paying 35 cents a gallon. It depended on where and when..(yes I am that old, are you?)
My first car I bought in 71 was a stick shift. Dodge Dart...$2000....That same car would cost 20,000 today, if it were available, (it isn't) ....divide 2.03 by 6....that comes out to 33 cents. So inflation is about 6 - 7 times the price of everything...?? (It depends on how you calculate it)...A house might cost $30,000 and today same house is 200 to 220,000
Why?.. Here is the point... .In Kentucky..gas is $1.75 is that correct?
So, given inflation and our current oversupply .....that $2.00 a gallon in Illinois
.............................................................and ..$1.75 in Kentucky..........(given inflation)...6 times
Here is my point:......................
...Gas is the same as the price of gas was in the late 60s.....
No, I don't know for sure...feels very cheap...(but it didn't feel cheap back in the 60s)...I remember driving through Kentucky in the early 70s...and seeing gas for 30 cents a gallon and saying to myself, "Boy, that is cheap..."
Oh well.... This really doesn't mean very much...(and I could be all wrong) ...But, it shows I have a whole lot of extra time to think about strange things
Profile Information
Gender: MaleHometown: Skokie, Illinois
Current location: Skokie, Illinois
Member since: Tue Dec 18, 2007, 12:07 PM
Number of posts: 38,414
