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Thread: Gas prices set record: 1,000 days above $3 a gallon

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    Re: Gas prices set record: 1,000 days above $3 a gallon

    Quote Originally Posted by ocean515 View Post
    I think the guy who gets words applied like "who has seen gas prices remain mostly the same" is getting a pretty serious pass by those who have a partisan reason to do so.
    Considering gas prices are roughly the same as they were before the financial crash of 2008, I don't see how the comment is at all partisan. Could you explain how a statement of relative truth is partisan?

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    Re: Gas prices set record: 1,000 days above $3 a gallon

    Obama strikes again !~! He is like Zeus nailing poor Americans to the wall with his policies. He is so mighty he even raised the cost of oil in other countries... almost all of them! This monster needs to be stopped!!!

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    Re: Gas prices set record: 1,000 days above $3 a gallon

    In 1950 gas was 26 cents per gallon on average.

    What Was the Cost of Gas in 1950's | Reference.com Answers

    That equals $2.53 today with inflation

    DollarTimes.com | Inflation Calculator

    So in real terms, the price of gas has only gone up about $1 over 63 years. Worldwide demand was also a lot lower then than it is now, so when a politician promises less than $2/gallon (ahem, Sarah Palin), what they're saying is that with demand at today's level, they can get prices BELOW what they were in 1950.


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    Re: Gas prices set record: 1,000 days above $3 a gallon

    Quote Originally Posted by CanadaJohn View Post
    It wouldn't bother me so much if the government would actually dedicate gas and other transportation related taxes to transportation infrastructure which is sorely in need of annual funding in huge amounts but doesn't get it.
    I know, right? And one would think that since you're busy selling off your non-renewable resources your government would at least make the industry fund a low cost to consumer national tranportation system that would carry you into the future.

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    Re: Gas prices set record: 1,000 days above $3 a gallon

    with my Kroger points, my gas is still below $3 at Shell.
    Quote Originally Posted by Slyfox696 View Post
    Considering gas prices are roughly the same as they were before the financial crash of 2008, I don't see how the comment is at all partisan. Could you explain how a statement of relative truth is partisan?

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    Re: Gas prices set record: 1,000 days above $3 a gallon

    Quote Originally Posted by rocket88 View Post
    In 1950 gas was 26 cents per gallon on average.

    What Was the Cost of Gas in 1950's | Reference.com Answers

    That equals $2.53 today with inflation

    DollarTimes.com | Inflation Calculator

    So in real terms, the price of gas has only gone up about $1 over 63 years. Worldwide demand was also a lot lower then than it is now, so when a politician promises less than $2/gallon (ahem, Sarah Palin), what they're saying is that with demand at today's level, they can get prices BELOW what they were in 1950.
    Shhhhhhh Shhhh Shhhh. OBAMA DONE DID IT

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    Re: Gas prices set record: 1,000 days above $3 a gallon

    Quote Originally Posted by Slyfox696 View Post
    Considering gas prices are roughly the same as they were before the financial crash of 2008, I don't see how the comment is at all partisan. Could you explain how a statement of relative truth is partisan?
    This is a 5 year average gas price chart, available here:

    Historical Gas Price Charts - GasBuddy.com

    5 year gas price chart.jpg

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    Re: Gas prices set record: 1,000 days above $3 a gallon

    Quote Originally Posted by rocket88 View Post
    In 1950 gas was 26 cents per gallon on average.

    What Was the Cost of Gas in 1950's | Reference.com Answers

    That equals $2.53 today with inflation

    DollarTimes.com | Inflation Calculator

    So in real terms, the price of gas has only gone up about $1 over 63 years. Worldwide demand was also a lot lower then than it is now, so when a politician promises less than $2/gallon (ahem, Sarah Palin), what they're saying is that with demand at today's level, they can get prices BELOW what they were in 1950.
    Perhaps I lived in the cheapest area for gas, but it being an isolated mountain community I don't think so - the price at the station pump was 15-18 cents in the 50s I lived. Heck, the minimum wage was a dollar. And I distrust those calculations for inflation. There has to be something they're not taking into account.

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    Re: Gas prices set record: 1,000 days above $3 a gallon

    Quote Originally Posted by ocean515 View Post
    This is a 5 year average gas price chart, available here:

    Historical Gas Price Charts - GasBuddy.com

    5 year gas price chart.jpg
    THANK YOU!!!! Well that certainly puts to rest all of the "gas price has been level", "Inflation dollars", "Obama didn't do it".....CRAP!
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    Re: Gas prices set record: 1,000 days above $3 a gallon

    Quote Originally Posted by clownboy View Post
    I know, right? And one would think that since you're busy selling off your non-renewable resources your government would at least make the industry fund a low cost to consumer national tranportation system that would carry you into the future.
    The resources are owned by the provinces, so provinces like Alberta have lower gas prices as well as not having provincial sales taxes, so they do benefit from the exploitation of the resource. The federal government does benefit from the taxation of the entire business and infrastructure is generally funded by all three levels of government, just that it's a big deal to try to get agreement on who will fund what and trying to find the money to dedicate to projects. Too much gas and other transportation taxes go into the black hole of general revenue and get wasted or redirected to social programs.
    "Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views." William F. Buckley Jr.

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