Thread: Gas prices going up again!

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Originally Posted by Evolvo

It's Spring/Summer, vacation time, time to hit the road. Prices for fuel have gone up at this time of year forever, it's like an American tradition.

My first job pumping gas in 1967. I was making min wage, $1.25 hour, gas cost $.23 gallon. So .23/1.25=18.4% of my hourly wage bought a gallon of gas.

So now gas has shot up to $2.93 gallon. If I'm making $25 per hour that formula looks like this. 2.93/25=11.72% of my wage buys a gallon of gas.

The price to wage ratio has dropped by 6.38%, gas has never been this cheap!!

Yeah, what Evolvo said..... When I got out of the Air Force in '72, I went travelling around Europe for a few months.... Had to go on a EuroPass or hitchiking... The price of fuel was about $4.00 a gallon....

This country has been spoiled for years.... Time to pay the fiddler, either pay the price for the fuel and the needed exploration to find more, or get used to hitchhiking!!!!

I know, easy for me to say./...... I still use E-85-- oh well, getting harder and harder to find anything that the use of gives a "warm fuzzy"..... as Uncle Bob describes my attempts......

Yep! What are prices in your neck of the woods. Evolvo - I like the way you view it, gas is darn cheap compared to the percentage of hourly wage. Just find the price thing interesting. Last year a barrell shot up, next day gas shot up, this year doesn't corelate same way. Damb speculators!

Probably wrong but WE as in every one cuts back on useing fuel so there is less demand. The oil companys need x$ to operate we aren't buying gas so the price goes up to compensate. We are not going to win we are going to pay what they want and thats it. Or buy a bike. E85 must be ok by some but they built a fewlants here and then closed them down. They can't make it cheaper than they can sell gas. Your not going to win