Well my salary is certainly higher today than it was in 1981 (that's a good
thing!). Unfortunately, we decided on a minivan a few years back, rather
than a small sedan. I'm trying to compensate by bicycling and using the
trains. Since I am now a senior citizen according to NJ Transit (62!),
cost of train travel has gone down by ~50%. Walking from the station to
work is also good for me.
I LOVE riding my bike for actual transportation. Actually, I love
riding it anywhere, but to replace driving is extra fun!
My favorite is riding to the liquor store for microbrew and getting
asked "When do you get your license back?" <G> Seriously!
The last I heard it was a half cent a gallon below the 1981 peak in
constant dollars. However it's my understanding that wages haven't kept
pace with inflation since 1981 so I'd like to see a source for your
contention that it is currently a lower percentage of disposable income.
If gas peaked around $1.30 in 1981 today (as of 2006) after inflation it
would be $3.07 today..............Fed and State taxes have raised
considerably over that time per gallon but I don't know where they fall
proportionally. I'd still suspect the Gov. take has exceeded actual or
relative road costs...i.e mass transit is largely funded via gas taxes. On
the other hand if memory serves me correctly a barrel of oil hit $30-$40 or
so per barrel before collapsing below $10 in the mid 80's.....$35 in 1981
would equal after inflation $82.57 today. Since today's price is around $66
we can blame regulation, refineries and local taxes. Rod
IIRC I remember gas prices reaching about 80-85 cents per gallon in Texas
during the shortage in the early 80's. According to the California Energy
Comission, the yearly Average price in California was $1.34 per gallon. For
the inflation prices to be in line, the prices "in 2006" would have to be
$2.63 per gallon on average. Does any one know where I can buy gas for
$2.63 per gallon?
Something else to consider, since gasoline is used by 99.9999% of the people
in the US, it's pricing itself has a lot to do with the yearly inflation
rate. Rising gasoline is a big contributor to the inflation rate.
Regrettably not......The "two oil companies" would simply wholesale the gas
to everybody else whom wasn't being boycotted. Even worse such a boycott
might even initially raise prices since "everybody else" would have
increased demand and the two intended oil companies could charge a premium
for their now surplus gas. Rod
a GAS WAR idea that WILL work---->
<cutting out the garbage>
This whole Gas War thing is just a stupid rumor! There is no retired Coke
executive, and there is no plan! What good do you think it would do to
boycott one or two gasoline companies? All that would do is force you to buy
gas from someone else! Boy! That solves the whole problem! (Sarcasm
intended). Anyone that believes the whole "gas war" thing is a bigger idiot
than I thought possible!
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