Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

doc03

(39,109 posts) Thu Dec 7, 2023, 11:41 AM Dec 2023

I see posts all the time on Facebook showing how expensive gas is. [View all]

Yesterday there was a picture from 1960 showing gas was 30.9 cents a gallon. I was curious what that would be in today's.
dollars. According to the Dept. of Labor inflation calculator 31 cents in 1960 is equal to $3.26 today. Today gas is $2.74
locally and another thing they don't consider is we get 2 to 3 times more milage out of gallon today. At $5.00 a gallon it is a bargain if you consider inflation and the efficiency of today's cars.

20 replies

= new reply since forum marked as read

Highlight:

I see posts all the time on Facebook showing how expensive gas is. [View all] doc03 Dec 2023 OP

Gas has been running about 75 cents cheaper in California lately Sympthsical Dec 2023 #1

Pretty much only in California is gas 5.00 a gallon actually, onecaliberal Dec 2023 #2

What was the cost of gas in 1960 for California? LiberalFighter Dec 2023 #9

32.9 cents. onecaliberal Dec 2023 #13

Gas is under $3.00/gallon PoindexterOglethorpe Dec 2023 #3

Here in the Oakland area, major brands sell a $5.00 +, demosincebirth Dec 2023 #11

Excellent plcdude Dec 2023 #4

Back in the last century when I was a doc03 Dec 2023 #5

My first job was $1.25 an hour as well Walleye Dec 2023 #7

Negativity sells Johnny2X2X Dec 2023 #6

I use the candy bar rule, a candy bar cost 10 times what it did when I was in school. So does everything else Walleye Dec 2023 #8

Gas is 2.45 at a station near me. niyad Dec 2023 #10

Last time I had to put gas in the wife's car it was around $2.85 here in North Texas. n/t Liberal In Texas Dec 2023 #12

Gas here in PDX metro MissB Dec 2023 #14

They also don't understand how state taxes work either. Initech Dec 2023 #17

Dumbasses don't understand inflation Warpy Dec 2023 #15

In the summer of 1966 I went to work for my father in his union flashman13 Dec 2023 #16

The point of the post if you consider inflation and the efficiency of todays cars doc03 Dec 2023 #18

Mileage matters a lot. PoindexterOglethorpe Dec 2023 #19

I had a 1974 VW, I loved to drive the car but as I remember even they didn't get much over 20MPG. doc03 Dec 2023 #20