The problem is that everything else is costing much much more... health
care, houses, cars, etc. There is little room in most working people's
budget for rising transportation costs. But that's not the REAL
problem.

The real problem is not that gas costs what it did in 1950. The real
problem is that gas may be at $80 a barrel this summer, and that the
rest of the world is going to look at us and our ridiculous energy
dependence and start trading oil in euros instead of dollars. Maybe not
this year, but someday.

When that happens, the price of gas will be the last thing on the minds
of us all. Saying that gas cost less than is did in so-and-so year is
feel-good stuff. The problems that our competition for energy with
emerging economies like China and India will create portends nothing
good for this country. Sure, they're buying the same high-priced oil
that we are, but they are using it to fuel an exploding economy. We are
using it to get our Whummers and WSUVs up and down the road. They're
leveraging it, we're pouring it down the drain.

Jim

On Mar 4, 2005, at 5:21 PM, Jeffrey Schwaia wrote:

> When adjusted for inflation, gas costs less today than it did 25 years
> ago .
> As a matter of fact, we are paying approximately the same price per
> gallon
> as people did in 1950.
>
> Fill'er up....
>
> Cheers,
>
> Jeff
>