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Thread: Gas prices going up again!
          
   
   

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  1. #1
    ChrisPFlorida's Avatar
    ChrisPFlorida is offline CHR Member Visit my Photo Gallery
    Join Date
    Apr 2009
    Location
    Fort Lauderdale
    Car Year, Make, Model: 1953 Chevy Bel Air Wild Custom
    Posts
    23

    Quote Originally Posted by Evolvo View Post
    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, if you make $25 an hour!
    Gas jumped 50¢ a gallon in two weeks here in So. Florida. It's not unexpected. What's unexpected is the news hasn't been flooded with gloom and doom about rising gas prices. Interesting...
    Chris P.
    http://53chevyhotrod.com

  2. #2
    butch27 is offline CHR Member Visit my Photo Gallery
    Join Date
    Aug 2004
    Location
    Garden City
    Car Year, Make, Model: T-Roadster
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    22

    Hey guys: Remember all the money we spent to build the Alaskan pipeline to save us from depending on foreign oil? Yeah it all to to Japan.

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