I remember a “gas war” between competing gas stations near Witchita Falls, Texas in 1971; the prices went to 24 cents per gallon. They were both independent; the only place you could find Shell and Exxon were on the turnpike.
Adjusted for inflation, those prices don’t seem so ridiculously low. When you take inflation into account, the price of a first class postage stamp peaked in 1976.
About mid 60s, gas was 32c per gallon, gold was $32 per ounce. One ounce of gold would buy 100 gal of gas. Now, with gas at nearly $4 per gallon and gold at $1600 per ounce, one ounce of gold can buy 400 gallons of gas. IT ISN’T THAT GAS IS EXPENSIVE, IT’S A MATTER OF MONEY BEING CHEAP!!!
sottwell over 13 years ago
I remember a “gas war” between competing gas stations near Witchita Falls, Texas in 1971; the prices went to 24 cents per gallon. They were both independent; the only place you could find Shell and Exxon were on the turnpike.
Maxismybaby over 13 years ago
I wonder if Mutt/Jeff knows the answer?What would he have done if the cop asked him?LOL
Dkram over 13 years ago
Ad-lib
\\//_
GROG Premium Member over 13 years ago
What does the price & volume of gas have to do with it?
wicky over 13 years ago
5 cents a gallon once upon a time.
Simon_Jester over 13 years ago
Yep…and it wasn’t an iceberg the Titanic hit, it was really Barack Obama. ( The dirty liberal scum! )
And not only that; how is it that Jack The Ripper was never caught, and Barack Obama is also still at large?
Number Three over 13 years ago
LOL, That confused him!
I’m a Nightmare at Maths too!
Hehe xxx
Sherlock Watson over 13 years ago
Also, if their alarm clock was set for 7 and there are only 2 of them, when did they wake up?
SHAKENDOWN over 13 years ago
This reminds me of some of the classic Abbott & Costello convoluted routines.
alleyoops Premium Member over 13 years ago
Lowest I ever saw was .18 cents. Now the tax alone is 3 times that.
runar over 13 years ago
Adjusted for inflation, those prices don’t seem so ridiculously low. When you take inflation into account, the price of a first class postage stamp peaked in 1976.
rushfan3 over 13 years ago
Way to go Jeff, that’s a new way to get out receiving a speeding ticket. Will have to try that to see if it works here in NYC.
tuslog64 over 13 years ago
About mid 60s, gas was 32c per gallon, gold was $32 per ounce. One ounce of gold would buy 100 gal of gas. Now, with gas at nearly $4 per gallon and gold at $1600 per ounce, one ounce of gold can buy 400 gallons of gas. IT ISN’T THAT GAS IS EXPENSIVE, IT’S A MATTER OF MONEY BEING CHEAP!!!