On Fri, 29 Jun 2012 22:41:16 -0500, Leon lcb11211@swbelldotnet
wrote:

On 6/29/2012 2:10 PM, Han wrote:
z wrote in
:

On Thu, 28 Jun 2012 20:44:16 -0700, Larry Jaques
wrote:

On Thu, 28 Jun 2012 20:18:51 -0500, Leonlcb11211@swbelldotnet
wrote:

On 6/26/2012 9:29 AM, zzzzzzzzzz wrote:


Lew

Did you notice the strictly decreasing trend since 5/15/12?
The newsman said maybe $3.00/gal by fall.

I paid $2.92 Sunday.


I paid "zip" today.

I got a pleasant surprise at the pumps today. I only paid $3.49.9 a
gallon. My last tankful was $80 and today it was $60. Me like this
trend.

Just remember, four years ago it was $1.80ish.

Need to keep things in perspective. Inflation-adjusted prices show that
gas today does not cost all that much more than in previous decades. If
you count in that the Iranians have been inflating the price by their
rhetoric and crazy behavior, gas is really cheap. Count the upswing in
domestic energy production, and prices should come down more. Certainly
if the Keystone pipeline morons finally come up with an approvable route.


Let see here regular in 1972 was 20 cents. Typical family car $3500
Typical home $25000

Now regular $3 and typical family car $27000 Typical family home 175000.

I see gas as 15 time more expensive, family car 8 times more expensive
and typical house 7 times more expensive...
In 1969 I worked for $0.85 an hour as an apprentice mechanic, and
pumped hundreds of thousands of gallons of gas at $0.469 per Canadian
gallon. I paid $60 a year to insure my Austin Mini as a 16 year old.
A new house could be purchased for 35,000 or less. Average resale
housing closer to $16,000. Licenced mechanic made, mabee, $5000 per
year. New Tiyota Corona was $1800 ish and a new Gremlin or Dart was
under $2800.00

Today an apprentice makes closer to $12 an hour, a 16 year old can't
insure a car for $2000 a year, a new house here is $300,000 and up -
resale over $150,000. $28,000 buys you a decent new car.

Apprentice wage 14X
Kid's car insurance 33X
New house close to 10X
New car aprox 10X
Gas today is down to $1.18 per liter - or about $5.20 per gallon -
(canadian) - or 11X the 1969 price here in central Ontario.


Loaf of bread was $0.25 - also about 1/10 the price today