Saturday, July 5, 2008
$10.00 Worth Of Gas OUCH!!
The only words I can use to describe these two graphics is OUCH!!!
The graph was from the governments energy information site ( Why wouldn't they have it updated with 2008 price ) so I had to put it on myself, hope it does not go up to much more or even my graph would look pretty dumb if gas goes to $5.50 before the end of the year.
I did some checking back in history from my own site for figures after the last oil crisis in 1978 and I was shocked not because of the price but the percentage as well as the amount of increase which is much higher during this energy crisis
In 2003 Gas was $1.50 Today(2008) It Is $4.20
In 1973 gas was 40 cents (1978 ) It was 63 cents
I am not great at maths but to me looks like in the 70's Energy Crisis equalled 60% increase ( Over 5 Years ), but today looks more like 200% increase ( Over 5 Years )
Check Out My Own Site which includes Gas Prices and loads of other prices For Each Year from 1930 - 2000 . It also interesting to check the prices of property and wages over those years Prices For Gas Property etc From 1930 - 2000