Oh the price of gasoline.

In 1973 the average price of gasoline was about $0.39. Fast forward adjusted for inflation and today it would be about $2.83 – pretty close to what it actually is.

But there is more…

The “Real” Cost of Driving

While the inflation-adjusted price of gas today is slightly higher than the 1973 average, driving is actually “cheaper” in one sense: fuel efficiency.

  • In 1973, the average car got about 12–13 mpg.
  • Today, the average new vehicle gets closer to 26–30 mpg.

My car gets over 40 mpg on the highway using a turbocharged 4 cylinder engine.

So what are we complaining about?

16 comments

  1. Al Lindquist:

    when will the corpse be tried for his stolen papers? Trump will pardon himself for everything sort of what the corpse did.

    again, who was cheated? Mr. & Mrs. Smith?? Chase Bank? If you think Trump can get a fair trial in NY or DC you are kidding yourself. Same in Louisiana or South Dakota which would have never brought a case and if so no jury would convict.

    An impartial appeal is one where judges look at the facts and not the politics.

    By all means run the corpse in ’28 if he can win why not–he was a puppet from 20-24 just do it again.

    Really, if not dementia what was it? Were you blind or so bias you missed it like so many in the liberal media. Why the crescendo for him to give up the nomination from those who just nominated him?

    Ok–a study most of us would dismiss as bias, but raises many good points–but, so what–you guys helped elect him with: “no evidence of dementia”–“the border is closed”–“I inherited 9% inflation”–“Russian collusion’–

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  2. Al Lindquist:

    let’s see growth this past quarter was quite solid if I remember correctly–good news on employment I think Wednesday–from what some thought negative numbers to a positive number–not too shabby–inflation came in lower than expected so another not too shabby number–maybe by the end of the year we can take a look see and make some conclusions.

    I’m surprised you have enough time Vibrant to respond as I thought you would be reclaiming the land that white man stole from you and family–you aren’t getting my house big boy go to Chatham for Quinn’s home by the sea which will soon be gone as global warming is almost as dangerous as white supremacists.

    Maybe persuade the demented one to run again and if that fails maybe Hunter–great numbers on inflation!

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      1. Al Lindquist

        will they be as accurate as in the past?? another 10-year report?

        Quinn believes the stock market predictions also–“those with crystal balls end up eating crushed glass” Marty Zweig one Friday nite on Wall Street Week.

        AOC says global warming will wipe us out by 2030 so who cares–Greta’s predictions pretty much follow AOC–if we are all victims and if we just turn to government all can be solved.

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      2. From blog post:

        Re: Recent CBO projections. See Table 1-4. It projects a nominal GDP of $95 Trillion in 2056. Impressive!

        More impressive was the CBO projection of our national debt, currently $38.5 Trillion,increasing to 175% of GDP, or $167.475 Trillion!

        Replace “impressive” with STUPID!

        Before we started spending all kinds of money we don’t have (and were unwilling to collect in taxes) on Health Reform (PPACA, signed by President Obama on 3/23/2010), our national debt was $12.7 Trillion (234 years after the Declaration of Independence). That means, over the following 46 years, we will have added $155 Trillion or an increase of 1,319%!

        That’s without a fix for the coming exhaustion of Social Security and Medicare Trust funds!

        Stop I say!

        https://lnkd.in/gzs7uGbS

        A few more (alarming) details:

        – Increase in annual deficits over the next 10 years from $1.9 Trillion to $3+ Trillion a year!

        – Interest costs on debt will exceed $1 Trillion this year, and $16 Trillion over the next 10 years!

        – Over the next 10 years, receipts will increase from < $6 Trillion to $8+ Trillion, however, spend will increase from $7+Trillion to $11+ Trillion!

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  3. Who is complaining about gasoline these days, except for the times it heads north of 3 dollars per gallon. The last big blow up was when Biden tried to run the price through the roof.

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      1. Al Lindquist:

        No!! the truth–just think of the cost without state taxes–been to CA recently at $4.50 in San Diego–Biden’s a memory of times past and his allowing 10,000,000 to invade–telling Putin a minor incursion might not be an issue–of course his dementia was so obvious except for those with TDS.

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      2. Show us any evidence that Biden let 10,000,000 in the country. If that were true there would be over 20 million now given there were 10-11 million here before he was elected.

        What exactly is your problem with immigrants illegal or otherwise? Yeah, illegals are felons , but so is the person you probably helped elect our president.

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      3. I have no trouble with legal immigrants and nobody I know does–no trouble with legal guns–no trouble with folks legally driving their auto–why your love affair with illegals? Are you assuaging your guilt for having so much and others having so little? Any other federal laws you think folks should be allowed to break? Just list them.

        Our felon president? Let’s see he was not tried for the classified papers at his Florida home nor was the demented one for his papers in Del.–I want to know how he stole some of them from the skiff when he was a senator? That was quite a feat–Sandy Berger (Burglar) got disbarred when he stole classified from the skiff for brother Clinton. I know the demented one has no memory so I will never know how he pulled that one off.

        Trump in NY which was a joke and won’t stand any impartial appeal–just tell me who the aggrieved party (ies)? Who got cheated? Letitia campaigning on getting one man–ever hear of that before?–want the Attorney General in NJ to campaign on one theme; “I will bring charges against young Mr. Quinn–just elect me.”

        Georgia–they so messed up any case they thought they had– dismissed–Fannie having an affair with a lawyer she hired was not smart.

        You can use your Google machine and with encounters and illegals you get 5-to 10 million. take the lower # for those for years and it is still is rotten. Follow the law–obey the law–Trump is no exception.

        Remember, you just elected another socialist loon in NJ so run one of those in ’28–maybe you will win–nobody thought Trump could win in ’16–go with Crazy Bernie, or Pocahontas maybe Jasmin or the CA governor (he’ll do for us what he did for CA) how about AOC –you got a whole lot of wack jobs to chose from–“men can have babies”–“we demand pronouns”.

        You

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      4. Encounters are not let in, they are encounters and most returned. Biden did not let in 10 million or anywhere near that.

        Trump is doing what he can to stop all immigration including cutting highly skilled Visas.

        We need immigration, need a way to leverage their labor and taxes. We need a way safely to make sure those here find a way to legal residence to do that. Our general xenophobia is short- sighted and not in our best interest.

        Trump has spent years fostering hate via misinformation and outrageous claims and still does.

        They are here illegally for sure. Others who committed worse crimes have been pardoned by the same person who claims the illegals are terrorists, rapists, murderers, and taint our blood.

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      5. Based on your comments I’m pretty sure you don’t know what a socialist is. Socialism is not having strong social safety net programs, it is not Medicare, Social Security, Medicaid, child care, SNAP or any of that.

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      6. Al Lindquist

        Gee–isn’t Bernie a self proclaimed socialist? what about the Mayor of NYC? How about AOC–the left is out of the closet–a majority of Democrats now say they are socialists–what’s the difference between a “socialist” and a “democratic socialist”?? don’t they believe the solution to our problems is more government–you know; Medicare for All. I just listen to the above folks and others claiming to be sociaqlists.

        All I know is all your “social” programs have led us to a $36 trillion deficit–there is no end to your spending but you are doing good (so you think) so let’s just keep spending.

        On illegal immigration you just justify law breaking–feel threatened then buy a gun legally or if not then off the street–feel alienated from society than shoot up a school–hate Jews and admire Hamas then march with your flag and when you can defile a synagogue or a Jewish person then do it.

        Did your company cheat its workers–suppliers–clients? If they had not followed the law you would you make excuses if, say bankruptcy, closed the factory? Obey the law–all of us–including Trump. His pardon of all jailed J 6ers was deplorable but no reason to allow millions to cross illegally or justify it.

        Send me to a Biden speech where he addresses the nation on the importance of allowing the border to be breached by millions. If the folks were a positive on this country tell us that and use it to justify the law breaking.

        I say it was a way to pack states that were losing the working class and these folks are counted as part of the census. Soon to be new voters for the Dems.

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      7. “…the three measures of growth in real output, of the unemployment rate, and of consumer price inflation are important and are a common focus in assessments of the economic record of a period. They receive a good deal of attention in the press and by the public.”

        “Trump’s economic record in his first term, in contrast, was relatively poor. It was not the worst among the post-World War II presidential terms, but in terms of growth it was around the bottom third mark.”

        The Economic Record of Biden and Trump Compared to That of Presidents Since Truman

        Redux: But, Biden… “According to a Rasmussen survey released on Tuesday, 56% of likely U.S. voters disapprove of Trump’s performance thus far in the White House.”

        “When asked who did a better job as president, 48% answered with Biden and 40% answered Trump.” And we don’t have Mark Milley around now to keep Trump’s finger off the nuclear button because he didn’t get (five) Nobel prizes.

        Yes… BDS

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      8. “Let’s see he was not tried for the classified papers at his Florida home…” Yet.

        “Trump in NY which was a joke and won’t stand any impartial appeal–just tell me who the aggrieved party (ies)? Who got cheated?”

        1) IF… by “impartial appeal”, you mean one that you agree with. The last legal opinion, subject to appeal by -both- parties, was that Trump (and sons) was guilty of fraud and prohibited from doing business in NY. The half billion judgement was not canceled because ‘no one was harmed’, but, again by split decision that it violated the Eighth Amendment.

        2) IF… ‘Who got cheated?’ is, again, your criteria for innocence or guilt, what objection do you have to immigrants, legal or not, who arguably make a net positive contribution to our country? Who got cheated?

        3) Are you crazy? An open letter condemning Trump that had been signed by 233 professionals says… Yes.

        “Clinicians have had years to observe Donald Trump, and his behavior has long been indicative of malignant narcissism,” clinical psychologist John Gartner, the lead signatory of letter, said in a statement sent to HuffPost. “We have a duty to warn the public about the grave danger posed by returning this man to power,” Gartner added.

        “Trump’s conduct recalls that of some of history’s most brutal dictators, and he has already demonstrated his willingness to wield state power to hurt his enemies without remorse. Let this be a warning.”

        I have never seen any similar professional group suggest Biden suffers from dementia. In any case, recent polls show that, if the election were held again today, Biden would win.

        BDS

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