Archived The global oil price drop may last for the next couple decades, Stanford economist says (news.stanford.edu)
submitted ago by lofalexandria
Posted by: lofalexandria
Posting time: 5.7 years ago on
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Archived on: 2/12/2017 1:51:00 AM
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Archived The global oil price drop may last for the next couple decades, Stanford economist says (news.stanford.edu)
submitted ago by lofalexandria
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[–] Freakazoid 0 points 2 points 2 points (+2|-0) ago
Thank god, I got my first car when gas was at $4.00 and it killed me. I want to travel more and this cheap gas is welcome.
[–] Fatcock 0 points 2 points 2 points (+2|-0) ago
I remember when I was growing up gas always hovered between $0.85 to $0.95 a gallon. Whenever gas would briefly go over $1.00 my mother would get pissed. It stayed that way for me almost the whole way through high school (except in '98 where it dropped to ~$0.70). Into college it was only slightly above $1.00 most of the time. Then 9/11 happened and everyone knew we had seen the last of the cheap gas.
I remember paying $4.98 at some times in the past decade. 15 years ago, I would have laughed at the idea that $2.50 is cheap.
[–] Freakazoid 0 points 1 point 1 point (+1|-0) ago
My dad always complained about getting less and less change back from a 20. I got and old jeep cherokee. My first ride ( it was cheap) and it's never filled up for less than twenty. I'm just hoping it holds out til after college. I try to not drive at all because it just eats gas.
[–] 4EnglandJames ago
If it makes you feel better, $0.90 in 1995 is the equivalent of $1.39 today, and $2.50 today would be worth $1.62 in 1995.
Thanks inflation!