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re: The irony of funding Ukraine is that the conflict is keeping oil prices high.

Posted on 2/23/24 at 10:02 am to
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35741 posts
Posted on 2/23/24 at 10:02 am to
Oil prices are not even remotely high lol.

Adjusted for inflation oil is below average over the last 20, 40 and 50 years.
Posted by BuckyCheese
Member since Jan 2015
50652 posts
Posted on 2/23/24 at 2:01 pm to
quote:

Oil prices are not even remotely high lol.

Adjusted for inflation oil is below average over the last 20, 40 and 50 years.




Yep.

For the hell of it I looked up the average price of a gallon of gas in 1970 and it was 36 cents (nationwide).

Adjusted for inflation that is $2.83.

Average price for a gallon in WI today is $3.02. Not much difference.
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