During the "gas wars" of the late 60's, gas prices dropped below 20 cents per gallon from a normal price of 35 cents per gallon. The price of a new house then was $25,000 a new car $2500, a good paying job was $75 per week. Now a new house costs $250,000, a new car $25,000 and a good paying job (at 18.75 per hour) is $750 per week. The Amoco in my town is charging $1.61 per gallon. If you put things in perspective, the price of a gallon of gas should be $3.50 per gallon normally and the $1.61 they are charging now is one of the lowest gas prices in history. Also don't forget that the tax on gas is currently 43.2 cents per gallion.
This is CABL.com posting #116156. Tiny Link: cabl.co/mEnE