Sunday, January 4, 2015

Gas Prices Have a Way to Go to Be Historically Cheap

At the Wall Street Journal, "Why Gas Feels Cheap—and Why It’s Not, Historically Speaking: Recent Price Plunge Looks Good After Years of High Costs, but Fill-Ups Were Less Expensive From 1986-2003."

When my wife and I bought our Honda Odyssey van, in December 2001, gas was $1.19 a gallon. So yeah, prices have a way to go before they're that cheap. But historically speaking, the current low prices are pretty mind-boggling.

0 comments: