Hey folks, gas prices are so much better then in the 1960's (adjusted, of course)! Doesn't that make you feel better? These guys seem to think you should think so:
A big surprise on gas: You may not believe it, but fuel is more aff...
Talk about a big, warm, fuzzy feeling inside, huh ?! Remember that next time it costs you upwards of $70 to fill your tank. Adopt the mantra "well, it was worse 50 years ago" and it makes everything A-OK.
Color me skeptical but I smell a lot of feces all over their math and little survey. Even if their voodoo style mathematics is correct a 5 year old could look at the price of gas, compare it to oil company profits and see something isn't right.
Where's the adjustment for the distribution of 'disposable income', number of cars own, increased amount of driving, increased population of drivers, increased cost of living and utilities, etc etc etc.
I'm not an economist or padding my pockets with oil company money so I might be wrong. If my speculation that this might be a big steamy load of manure is off base, I still wonder how applicable this 'affordability index' is to the average person.
Maybe I can't see it because I'm one of those lower-middle class, working type folks that doesn't have $4,000+ in disposable cash to toss around? Help me out here...