Quote:
Originally posted by rickholio
Gas prices are, indeed, quite low if you look at it in inflation-adjusted dollars. Here's a graph of inflation-adjusted gas prices from the dept. of energy:
Yes, the recent upswing in gas prices is unfortunate (particularly in a time of fierce fiscal hardship for most average people), but really the $2/gal thing is just a psychological barrier that's being naturally crossed as inflation does its thing.
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Looks like the prices dipped during Clinton's administration and started rising during Bush's...