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Old 05-25-2004, 10:45   #16
Airbornelawyer
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This chart, prepared in August of last year, is in 1996 dollars, so it won't correlate with the actual numbers in my earlier post (which were based on a 1982-1984 average), but the trend is the same.
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Old 05-25-2004, 12:08   #17
QRQ 30
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I'm not sure how the price of gas got in here unless we are discussing whether the war in Iraq is about oil.

Using an interesting tool at: http://search.netscape.com/ns/boomfr...2Finflation%2F

you will notice that after inflation the gas at $148,8 in 1988 would cost $2.26.3 in 2002. HGMMMMM!!

Sorry, that link didn't work. Do a Google search for inflation calculator and use the first choice.
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Old 05-25-2004, 12:22   #18
The Reaper
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Quote:
Originally posted by Airbornelawyer
This chart, prepared in August of last year, is in 1996 dollars, so it won't correlate with the actual numbers in my earlier post (which were based on a 1982-1984 average), but the trend is the same.
That data does not reflect the run up since August, which IIRC, is about an additional 50% increase in the price at the pump.

TR
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Old 05-25-2004, 13:01   #19
Airbornelawyer
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Quote:
Originally posted by The Reaper
That data does not reflect the run up since August, which IIRC, is about an additional 50% increase in the price at the pump.

TR
I already had numbers through January 2004 in my earlier post, but as noted the baseline was different. The January 2004 price was actually slightly less than the 2003 average. The latest EIA numbers show the average February 2004 price as about 7.3 cents per gallon higher than January. There are no official March or April numbers yet.

But if you really want numbers, here are the real motor gasoline average pump prices from 1919 to 2005 (the 2004-05 numbers are projections) in 2004 dollars. Happy?
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Old 05-25-2004, 13:05   #20
Airbornelawyer
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No?

How about a comparison of real prices (in 2004 dollars) to notional prices from 1980 to 2005?
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